Japan’s mobile payments app PayPay reaches 10 million users

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Paytm, India’s biggest mobile payments firm, now has 10 million customers in Japan, the company said as it pushes to expand its reach in international markets.
Paytm entered Japan last October after forming a joint venture with SoftBank and Yahoo Japan called PayPay.

In addition to 10 million users, PayPay is now supported by 1 million local stores in Japan, Vijay Shekhar Sharma, founder and CEO of Paytm said Thursday. The mobile payment services has clocked 100 million transactions to date, he claimed. In June, PayPay had 8 million users.

“Thank you India 🇮🇳 for your inspiration and giving us chance to build world class tech…,” he posted in a tweet.

More to follow…

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