Introduces "T Money," an electronic money service usable by 70 million people, and "Paidy," a next-month payment service

2020.08.20 Press Releases
T Money Co., Ltd. / Paidy Co., Ltd.

- Easily charge on the go! Paidy's first in-store payment option -

T-MONEY Corporation (Head office: Shibuya-ku, Tokyo; CEO: Kazuhiko Kitamura) and Paidy Corporation (Head office: Minato-ku, Tokyo; CEO: Sugie Riku; hereinafter, "Paidy") are pleased to announce that they have partnered to introduce "Paidy," a next-month payment service for topping up T-MONEY, an electronic money service that can be used by 70 million people, starting today.

With this initiative, customers will be able to use Paidy as a new method of charging (depositing) money into their T-MONEY account, in addition to cash, credit card and T-POINT charges. Paidy is the first T-MONEY service to offer deferred charge with payment due the following month. Additionally, for the first time since the launch of its service, Paidy will be able to use T-MONEY to pay for purchases in physical stores.

Background to the introduction of "Paidy"
"T-MONEY" is electronic money that can be charged to a T-CARD/Mobile T-CARD and used at approximately 23,000 stores nationwide, including FamilyMart, TSUTAYA, Welcia, and Yoshinoya. When you pay with "T-MONEY" when shopping, you will earn T-POINTS, which you can use to shop or charge to "T-MONEY."T-MONEY aims to further enhance customer value as an electronic money service that can be used by 70 million people, and has now decided to partner with Paidy to make T-MONEY even more convenient for customers.

Benefits for customers through service collaboration
Paidy allows you to make instant payments by simply entering your email address and mobile phone number on the spot, without the need for prior registration or linking to a credit card, making it easy to top up your T-MONEY while on the go. In addition, the amount used will be billed in one lump sum the following month, so you can charge whenever you need to without worrying about how much cash you have on hand. Amid the current COVID-19 pandemic, there is a growing need for safe shopping through payment services other than cash. We believe that by using "T-MONEY" charged with "Paidy" to make purchases, we can provide a smooth and secure shopping environment.

The significance of the partnership for Paidy
Paidy aims to improve convenience for T-MONEY users and contribute to increasing the number of active users through new payment methods that are cashless, easy, and deferred payment. Using Paidy to charge T-MONEY means that Paidy can help customers when shopping in physical stores, and will play a major role in the future expansion of Paidy's business. Through this initiative, Paidy was able to design a unique and convenient UX that allows customers to enjoy easy cashless shopping in physical stores and pay the charge amount in one lump sum the following month. Paidy will continue to strive to provide a smoother shopping environment for all customers, including current and future customers, based on its mission of "shopping shouldn't be hassle."

How to use "T-MONEY" "Deferred Charge" (Payment by Paidy the following month)
1. Log in to the T-SITE [T-POINTS/T-CARD] and specify the charge amount.
2. Enter your email address, mobile phone number, address, etc. to register for payment
3. Charging complete

* "Postpaid Charge" can be charged in 1,000 yen increments, with a minimum of 3,000 yen.
* You will receive 1 T-POINT for every 200 yen spent in a month when you charge T-MONEY using "Charge with deferred payment."
*A system fee of 300 yen (tax included) will be charged for each use of "Deferred Payment Charge."
*Payment will be made on the 10th of the following month. Payment methods include convenience store payment, bank transfer, and direct debit.
* Depending on the content of your application, you may be required to enter information specified by Paidy Co., Ltd.

"Paidy" introduction campaign
To commemorate the addition of the "Deferred Charge" feature to T-MONEY with the introduction of Paidy, anyone who "Deferred Charges" over 3,000 yen using Paidy will receive a 500 yen cashback in T-MONEY!

・No entry required
・Campaign period: Until September 30th (Wed) 23:59:59
・Cashback period: Around the middle of the month following the month in which you "charged" T-MONEY with deferred payment
・To check your T-MONEY cashback status, please check "T-MONEY Campaign (Campaign Money)" in your T-MONEY history on the T-SITE [T-POINTS/T-CARD].
・This campaign is only applicable once per person.

About T-MONEY
・Electronic money name: T-money
・T-MONEY participating stores: FamilyMart, FamilyMart‼, TOMONY, Welcia, Hack Drug, Welcia Ducks, Happy Drug, Konko Pharmaceutical, Marue Drug, Yodoya Drug, NARICS, B.B.ON, TSUTAYA, TSUTAYA BOOKS, Drug Eleven, Drug Yutaka, Town Plaza Kanehide, Tobu Store/Fuente, Drugstore Mac, Kitamura Camera, Studio Mario, Kitamura Camera Store, Yoshinoya/Soba Restaurant Yoshinoya, A-Co-op Kinki, Fukuoka SoftBank Hawks, Tokyu Snow Resort, local shops, TSUTAYA Online Games
・Operating company: T Money Co., Ltd.
・Charging methods: Postpaid charging with Paidy, cash charging at T-MONEY member stores, auto-charging/credit card charging, charging with T-POINTS
・Charge amount: In 1,000 yen increments up to a maximum balance of 30,000 yen
・Amount used: 1 yen to 30,000 yen
・T-POINTS: 1 T-POINT will be awarded for every 500 yen (tax included) spent on T-MONEY in a month.
・T-MONEY expiration date: 10 years from the last date of use of T-MONEY

About Paidy Inc.
Paidy was founded in 2008 with the aim of creating new financial services not available in Japan. In 2014, the company launched the "Paidy" service, which allows users to make payments using only an email address and mobile phone number. The service has created new value in the Japanese e-commerce market, where credit cards and cash on delivery have been the norm until now, and has been used by many customers since its launch. [Shopping doesn't have to be a hassle. With this mission in mind, we aim to create a world where shopping can be enjoyed easily and quickly.
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Paidy Inc.
〒107-6212
9-7-1 Akasaka, Minato-ku, Tokyo
Midtown Tower 12th floor
Chairman and CEO: Russell Comer
President and CEO: Sugie Riku

Materials related to this matter

Introduces "T-MONEY," an electronic money service usable by 70 million people, and "Paidy," a next-month payment service

Media Inquiries
CCC MARKETING HOLDINGS Co., Ltd.
Public Relations Officer: Ando
TEL: 03-6800-4464