Consumption tax increase 1 month PayPay payments increased significantly November 1 18:43
We found that the number of payments using PayPay, a payment service using smartphones, increased significantly last month when the consumption tax rate was raised to 10%. This is supported by a cashless payment point return system.
This was announced at a press conference by Yahoo holding company Z Holdings, which invests in PayPay.
According to that, the number of PayPay payments was 47.48 million times in the three months until June and 96.12 million times in the three months until September, but last month it was about 85 million times a month. It means that it has increased significantly.
This was supported by the pointless system for cashless settlement that started in line with the increase in the consumption tax rate.
In addition, the number of registered users of the service has increased by 4 million over the last month to 19 million.
Z Holdings President Kentaro Kawamata said at the press conference, “The use of PayPay is much higher than expected due to the impact of the point reduction system. It has spread to users who have never used Yahoo! I feel it. "