Suffered from illegal embezzlement — Japanese mobile payment tool PayPay set consumption limit

Japan Mobile payment tool PayPay announced that with effect from December 21 on the PayPay credit card settlement set a spending limit of nearly 30 days, the upper limit is 50,000 yen. The consumption cap takes effect for a single user, even if the user binds multiple credit cards, the amount spent on different credit cards will add up.

But if the user USES the PayPay balance with Yahoo! Wallet settlement, However, if the user uses the PayPay balance with Yahoo! Wallet settlement, or through the bank card to PayPay balance transfer, will not be affected by the amount.

According to PayPay propaganda chief said, the credit card consumption cap system is to prevent the previous PayPay platform users credit card stolen brush incident to take a temporary response, the specific deadline has not been determined.

PayPay, a Japanese mobile payment tool, was recently found to have improperly used consumer credit card information in a previously introduced payment return campaign. In this regard, the victims urged the relevant part of the strengthening of security countermeasures. PayPay has been deeply involved in the platform users’ credit card theft scandal, and users have raised sharp questions about the platform’s security and other issues. At the apology meeting on the 19th of this month, the president of Softbank Group, Miyauchi Hiroshi, apologized for the incident and expressed that the platform is taking corresponding security measures to protect user information.

This also indicates that information security will be a severe subject for PayPay in the future.

PayPay is a very young company founded in June 2018 by SoftBank of Japan and Yahoo in Japan. The company, which USES Paytm technology from India’s largest payments company, plans to gradually replace yahoo’s wallet payment service from Japan in the future.

Unlike mobile payments in other countries, PayPay is currently available by credit card or electronic currency. Credit CARDS support VISA, MasterCard, and Yahoo! JAPAN’s JCB card (not supported by other JCB CARDS), electronic currency supports yahoo’s electronic currency and PayPay balance, while Debit Card PayPay only supports part of VISA’s CARDS. It’s worth noting that PayPay has more restrictions than mobile payments in other countries.

PayPay pays a maximum payment limit of 500,000 yen and a minimum recharge of 100 yen. The maximum top-up amount for electronic currency is 500,000 yen per day and 1 million yen per month

Electronic money contains PayPay ボ ー ナ ス and PayPay ラ イ ト two kinds, both not withdrawals, the former is the amount of consumption returns, the latter is the top-up electronic currency. Users can transfer money to each other, but the portion of the consumption return cannot be transferred.

Shops for PayPay include Bic Camera Appliance Store, Family Convenience Store, HIS Travel, French Crocodile, OUTDOOR , Matsuya Beef Rice, First Transportation Taxi, and many chain izakayas. Currently, franchise stores are still growing. Obviously PayPay payment tools are still in their infancy, and Aeon and 7-11 are certainly not going to import the system.


PayPay is a joint venture between softbank and yahoo Japan with the goal of becoming Japan’s alipay. Using PayPay to pay, not only is shopping and settlement easier than credit CARDS, but even registration and login become very simple. Japanese credit CARDS and other payment software, but to fill out a pile of personal information.

PayPay payment only need to provide mobile phone number, enter the verification code. And then it’s OK.

If you want to recharge, or withdraw cash, this is the same as Alipay, you need to bind your bank card.

Notably, SoftBank announced a $400 million investment in Paytm back in April.