Technology

SoftBank's PayPay surges ahead in Japan's digital payments race

SoftBank's PayPay surges ahead in Japan's digital payments race

For six decades, shoppers at Mikawaya, a rice dealer in eastern Tokyo, paid in cash - until sales staff from payments app PayPay swept through the low-lying district, persuading the store to give their product a try. With customers clamoring to use the service and nearby stores signing up, PayPay's offer of free installation and no handling fees was too good to refuse, the store's owners say.

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