Line, Mercari join forces as payments race heats up

Thursday 28 March 2019 00:53 CET | News

Japan-based Line and Mercari have announced they are joining forces on mobile payments as the country’s internet companies race to dominate cashless transactions.

The operator of one of Japan’s most popular messaging platforms and the used-goods online marketplace app will let users shop and pay for purchases at stores that accept each other’s systems starting early in the summer of 2019. They also launched an alliance to welcome other mobile payment providers.

Internet companies have also turned to discounts and giveaways to attract users. PayPay is running its second rebate campaign, while Rakuten customers can earn 40-times the points awarded on purchases.

Line and Mercari’s payments operations will remain separate, and they will continue with their own marketing, customer service, and fee collection from stores. Mercari’s Merpay is accepted at 1.35 million locations around the country, including 900,000 stores using NTT Docomo Inc.’s iD contactless payments service, while Line Pay is available at 1.33 million outlets. The companies did not discuss the extent of their overlap.

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: Line, Mercari, payments, cashless transaction, mobile payments, Japan
Countries: World


Facebooks data protection practices face criticism in Europe

Published 24 Feb 2015 11:07 CET | World
Facebook has begun facing fresh criticism in Europe over data protection and the methods it uses to obfuscate its gathering and processing of user data....

Pulse, Trionis close ATM acquiring deal

Published 11 Sep 2009 15:18 CET | World
US ATM/debit networks provider Pulse has signed a European ATM acceptance contract with Trionis, an interbank processing network. ...

TietoEnator to expand its operations in India

Published 28 Nov 2008 14:22 CET | World
Finnish Swedish IT services company TietoEnator reports it is to focus its outsourcing efforts on India, investing in the expansion of its global delivery model and aiming to increase the number of centres of excellence and employees in the country....