PayPay Corporation - American Depository Shares (PAYP)

PayPay Corporation is a Japanese digital payments company headquartered in Tokyo whose American Depositary Shares trade on the Nasdaq. It is part of the SoftBank group and was launched in 2018.

Its core product is the PayPay smartphone app, which lets consumers pay at stores by scanning QR codes or barcodes, pay online and send money to other users. Merchants of all sizes, from large retail chains to small shops, accept PayPay, and the company earns fees from merchant transactions and related services.

The PayPay brand has expanded into a broader financial services ecosystem, including credit cards, banking, securities and insurance services offered through group companies, all linked to its payments app.