Major internet company Yahoo Japan, online communication provider Line and e-payment firm PayPay say they will launch a new rewards point system next year.
The three firms will work with retailers and makers of beverages, daily goods and other products to integrate customer purchase records.
The service will award customers mileage points based on the amounts they spend with PayPay at partner companies and Yahoo online shopping. Users can exchange the mileage points for PayPay points that they can use for shopping.
The three companies say the service will start in March with beverage makers and retail shops, including drugstores.
Yahoo Japan President Ozawa Takao said he wants to make the service the easiest for users, as well as the most convenient and beneficial.
The three companies are subsidiaries of Z holdings, which is owned by Softbank.
In Japan, Culture Convenience Club, which operates T Point, and Sumitomo Mitsui Financial Group, which operates V Point, are in discussions to merge their services.
The three firms will work with retailers and makers of beverages, daily goods and other products to integrate customer purchase records.
The service will award customers mileage points based on the amounts they spend with PayPay at partner companies and Yahoo online shopping. Users can exchange the mileage points for PayPay points that they can use for shopping.
The three companies say the service will start in March with beverage makers and retail shops, including drugstores.
Yahoo Japan President Ozawa Takao said he wants to make the service the easiest for users, as well as the most convenient and beneficial.
The three companies are subsidiaries of Z holdings, which is owned by Softbank.
In Japan, Culture Convenience Club, which operates T Point, and Sumitomo Mitsui Financial Group, which operates V Point, are in discussions to merge their services.
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Summary
Next year, Yahoo Japan, Line, and PayPay plan to launch a rewards point system in collaboration with retailers and product manufacturers. The service will integrate customer purchase records, awarding mileage points based on spending with PayPay at partner companies and Yahoo online shopping.
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ID: ff9e7efc-84c9-43b6-bcb7-7f3e83bf63b1
Category ID: nhk
URL: https://www3.nhk.or.jp/nhkworld/en/news/20221213_30/
Date: Dec. 13, 2022
Created: 2022/12/14 07:23
Updated: 2025/12/09 10:25
Last Read: 2022/12/14 07:41