Summary
- SoftBank-affiliated PayPay said it will launch an integrated virtual asset payment service with Binance Japan.
- Users can use PayPay Money to buy virtual assets or withdraw from a minimum of 1000 yen, and deposit fees are free.
- It noted that PayPay's acquisition of a 40% stake in Binance Japan in October is also noteworthy for investors.
Japan's SoftBank-affiliated QR code payment service provider PayPay will launch an integrated payment service for virtual assets (cryptocurrencies) with Binance Japan.
On the 21st (Korean time), according to crypto-focused media Cointelegraph, PayPay plans to integrate its electronic money 'PayPay Money' with Binance Japan to allow users to purchase or withdraw virtual assets using PayPay Money.
PayPay Money allows deposits and withdrawals from a minimum of 1000 yen. The service is available 24 hours a day, and deposit fees are free.
Earlier in October, PayPay acquired a 40% stake in Binance Japan.
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