The PayPay Credit Card is issued by PayPay Card Corporation, launched in 2021 as part of the PayPay fintech ecosystem.
It integrates with the popular PayPay QR/mobile payment app, offering cashless convenience and rewarding users within Japan.
Key Terms & Conditions
The card offers a traditional revolving credit system, allowing you to repay over time instead of paying in full each billing cycle.
While flexible, revolving payments can carry significantly higher interest if you carry a balance.
Benefits
Integration with PayPay app: Convenient mobile use and reward accrual within one ecosystem.
No annual fee on standard credit cards.
Flexible repayment: Option to use revolving credit if needed.
Interest Rate (APR)
Typical rates are around 18% Annual Percentage Rate for revolving payments.
Actual interest rates depend on your creditworthiness and selected repayment plan. PayPay promotes responsible repayment in its terms.
If you carry a revolving balance—e.g., ¥270,000—and maintain a monthly repayment of ¥10,000, you may incur an additional interest cost of more than ¥50,000.
Eligibility Requirements
To apply for a PayPay Credit Card, you typically need to:
- Be 18 years or older and a resident of Japan.
- Have a valid Japanese address, phone number, and bank account.
- Provide proof of identity, such as a driver’s license or My Number Card.
- Pass a credit check (信用調査), which includes reviewing your income and credit history.
How to Apply Online for the Paypay Credit Card
Here’s a clear walkthrough for the online application:
Visit the PayPay Card website
Go to the official site (for example: PayPay-card.co.jp → Service → Apply). Look for “カードを申し込む” (Apply for Card).
You can also scan a QR Code to apply from your smartphone.
Select Your Card Type
They currently offer one main credit card (plus co-branded variants like Yahoo! JAPAN or SoftBank versions if available).
Fill in Personal & Contact Info
You must Log In with your bank ID or get one.
You’ll need your name, Japanese address, phone number, email, and login credentials for PayPay or linked accounts.
Provide Employment & Income Details
Enter your employer name, occupation, annual income, and work tenure.
Submit ID for Verification
Upload clear digital copies of your identification (My Number Card, driver’s license). This helps verify identity and address.
Choose Your Repayment Plan
Options include paying in full monthly or setting up revolving payments (リボ), with associated interest.
Be mindful of the ~18% annual interest on Revolve plans.
Conduct Credit Check Consent
Agree to a soft credit check to determine your eligibility and credit limit.
Review & Submit Application
Confirm all entered details and submit. You’ll get a confirmation email or on-screen notification upon submission.
Wait for Decision & Card Delivery
Online decisions may take anywhere from minutes to a few business days. Upon approval, your card is mailed—usually arriving within 1–2 weeks.
How to use this card?
Once activated, the card can be used like any other credit card in Japan or abroad, both online and in physical stores.
If you’ve linked it to your PayPay account, you can also set it as your default payment method within the app, allowing you to make QR code payments.
Each month, your purchases are billed according to your selected payment option—either full payment or revolving credit.
Statements are accessible through your online account or the mobile app, where you can track spending, change payment settings, or make early repayments.
Fees & Charges to Know
Consider:
| Fee Type | Amount/Rate |
|---|---|
| Annual Fee | Often ¥0, but check for variants |
| Purchase APR (Revolving) | ≈18% APR fixed |
| Cash Advance APR | Typically same or higher than purchase APR |
| Late Payment Fee | Varies—refer to your agreement |
| Overseas Transaction Fee | Usually ~1–2%, check terms |
Credit Card Comparison Table
Here is a comparison table that clearly contrasts the PayPay Credit Card with major competitors like Rakuten Card and AEON Card.
| Feature | PayPay Credit Card | Rakuten Card | AEON Card |
|---|---|---|---|
| Issuer | PayPay Card Corporation | Rakuten Card Co., Ltd. | AEON Credit Service Co., Ltd. |
| Annual Fee | ¥0 | ¥0 | ¥0 |
| Base Point Rate | 1.0% (PayPay Points) | 1.0% (Rakuten Points) | 0.5–1.0% (WAON Points) |
| Bonus Campaigns | Frequent for PayPay users | Frequent across Rakuten sites | On “AEON Days” & AEON stores |
| Mobile Integration | PayPay App | Rakuten Pay, Apple Pay | AEON Wallet, Apple Pay |
| Revolving APR | Approx. 18.0% | 15.0–18.0% | Approx. 18.0% |
| International Use | Yes (Visa/Mastercard) | Yes (Visa/Mastercard/JCB) | Yes (Visa/Mastercard/JCB) |
| Foreign Transaction Fee | ~1.6–2.0% | ~1.6–2.0% | ~1.6–2.0% |
| Target Users | PayPay app users | Online shoppers, Rakuten users | AEON Group shoppers |
Bank & Corporate Contact Information
For reliable assistance or detailed inquiries, here’s how to contact PayPay:
- Corporate Headquarters: PayPay Corporation, YOTSUYA TOWER, 1‑6‑1 Yotsuya, Shinjuku‑ku, Tokyo 160‑0004, Japan
- Registered Office: 1‑3 Kioicho, Chiyoda‑ku, Tokyo 102‑0094
- Customer Service Inquiries: 0570‑028181
- Corporate Email (not for customer service): paypay‑career‑info@paypay‑corp.co.jp
Important Notes
APR will vary based on individual credit evaluation.
Always review your agreement documents for exact fees, penalty rates, and limits.
Revolving (リボ) payments can become expensive—best to pay in full monthly if possible.
Summary:
- PayPay Credit Card: a revolving credit card integrated with the PayPay app.
- Interest: around 18% APR on revolving balances; significantly increases cost if not paid monthly in full.
- How to apply: online via official application form, requires ID, residency, income details, and credit approval.
- Support is available via chat or support forms, between 9:30 and 17:30. Our corporate address is located in Shinjuku and Chiyoda, Tokyo.
- Watch out: revolving credit is convenient, but costly in the long run; pay off balances quickly to avoid high interest rates.
Conclusion
The PayPay Credit Card stands out for its seamless integration with the PayPay app, zero annual fees, and accessibility through a fully online application process.
With flexible repayment options and strong customer support, it provides a convenient option for Japanese residents seeking a cashless lifestyle.
However, the 18% APR on revolving payments highlights the importance of managing balances wisely.
Disclaimer: The information in this article is for general guidance only and may change. Interest rates, features, and fees vary based on individual circumstances and are subject to PayPay Card Corporation’s terms and conditions. Always review official disclosures before applying. Neither the author nor the publisher is responsible for any inaccuracies or decisions made based on this article.
