Mizuho Bank's New Service for UnionPay QR Users
Mizuho Bank has made waves in the fintech space with its recent launch of the J-Coin Pay service for UnionPay QR users, effective March 24, 2025. This service allows travelers from China to make payments at selected J-Coin Pay partner stores while visiting Japan, thereby enhancing their shopping experience and convenience during their stay.
Expanding Cross-Border QR Payments
The launch of this service represents a significant step towards promoting cashless transactions in Japan and expanding cross-border QR payment systems. J-Coin Pay has officially opened its merchant network to foreign payment service providers for the first time, aiming to cater to the increasing number of inbound tourists and their payment preferences.
With this development, UnionPay QR users can seamlessly make transactions at participating J-Coin Pay outlets across Japan. The participating stores will continue to accept payments through standard POS terminals as well as tablet devices, ensuring that the transition is straightforward for both merchants and customers. However, interested merchants must apply separately to offer this service.
How to Use J-Coin Pay
UnionPay QR users can easily pay at the participating J-Coin Pay stores. Customers need to follow specific steps, which include scanning the QR code associated with J-Coin Pay to complete their transactions. Point-of-Sale systems are set up for this purpose, providing a familiar and convenient payment method.
Additionally, merchants will display acceptance stickers and other promotional materials at their locations to inform customers about the availability of J-Coin Pay.
Merchant Comments
A merchant participating in the program expressed enthusiasm about the new payment option made available through UnionPay. They stated, "We are thrilled to provide a more convenient and smooth payment method for tourists from China using the UnionPay app. By allowing users to pay with the payment option they are accustomed to, we expect to welcome more customers to our stores, ultimately enhancing their shopping experience in Japan." The store has committed to leveraging the J-Coin Pay service to effectively capture inbound demand and create a fond shopping environment for foreign visitors.
Promotional Campaign
To celebrate the launch of this service, a promotional campaign is underway. During the campaign period, UnionPay QR users who complete transactions at J-Coin Pay partner stores will receive up to a 10% discount on their purchase amount, applied instantly at the time of payment.
Campaign Details
- - Campaign Duration: April 1, 2025, to December 31, 2025.
- - Participating Stores: All J-Coin Pay partner stores eligible for the service.
For further details regarding the promotional offers, customers are encouraged to visit the UnionPay International website.
Continuing Commitment to Cross-Border Payments
Mizuho Bank is dedicated to enhancing its cross-border QR payment initiatives and is working to fortify a payment infrastructure that prioritizes safety and reliability. Future developments will continue to focus on improving the convenience of international payments for both Japanese merchants and foreign visitors.
About J-Coin Pay
The J-Coin Pay app allows users to handle various monetary transactions directly via their smartphones. Users can effortlessly send, receive, and pay using the app and enjoy features like free deposit and withdrawal to and from their bank accounts, anytime and anywhere.
Contact Information
For inquiries about the J-Coin Pay app or merchant participation, please contact:
- - J-Coin Pay Support Center: 0120-324-367 (Monday to Friday, 9:00 AM to 9:00 PM, weekends and holidays 9:00 AM to 5:00 PM).
For stores interested in joining the J-Coin Pay network, contacting a local financial institution is recommended. A list of participating financial institutions can be found
here.