Abu Dhabi, United Arab Emirates, September 29th / PRNewswire / -- Binance today announced that eligible overseas Binance Pay users can now make payments at PayPay merchants across Japan through HIVEX ® during their visits to Japan.
This feature will be available starting from September 30, 2026. Through the interoperability achieved with HIVEX, approximately 48 million eligible Binance Pay users from over 100 countries and regions will be able to make purchases at millions of merchant locations in Japan. However, merchants that support PayPay will still settle transactions in Japanese yen.
This launch is aimed at travelers going to Japan, expanding Binance Pay's presence in one of the world's most advanced cashless payment markets, and supporting transactions in dining, shopping, accommodation, and other travel-related expenses. This interoperability reflects Binance's long-term vision of making digital asset payments more accessible in daily and cross-border transactions. It also demonstrates how integration with mature local payment networks can connect digital assets with the familiar experience of fiat currency payments.
Thomas Gregory, Vice President of Binance Pay and Fiat Business, stated: "As one of the world's leading tourist destinations, Japan is shaping a future of interconnected, cashless payments. Our integration with PayPay reflects our shared vision of making payments for travelers to Japan smoother, borderless, and more accessible."
He stated, "This integration reflects the growing convergence between traditional fiat payment systems and digital assets, providing travelers with more payment options, while also enabling merchants across Japan that support PayPay to better serve international customers."
Expand access through local QR code payment channels
By connecting with mature QR code payment ecosystems, Binance Pay not only supports digital asset payments but also allows merchants to continue settling in local currencies. In Japan, PayPay brings this capability to one of the world's most advanced cashless markets.
This launch is built upon the broader QR code payment network of Binance Pay which covers the main travel corridors in Asia. These deployments collectively expand Binance Pay's presence in the key travel markets of the region, and support travelers to conduct cross-border consumption more smoothly.
About Binance
Binance is a globally leading blockchain ecosystem, backed by the world's largest cryptocurrency exchange, measured by trading volume and number of registered users. Binance is trusted by over 300 million people from more than 100 countries and regions, offering industry-leading security, transparency, fast transaction engine speeds, investor protection, as well as a rich range of digital asset products and services that cover trading and finance, education, research, philanthropy, payments, institutional services, and Web3 functions. Binance is committed to building an inclusive crypto ecosystem, using cryptocurrencies as a fundamental tool to enhance global financial freedom and accessibility for people worldwide.
For more information, please visit: https :// www.binance.com
About Binance Pay
Binance Pay is a secure, seamless, and borderless payment feature on Binance. It supports users and merchants in making payments using fiat currency or cryptocurrencies, and allows for the sending and receiving of cryptocurrencies on a global scale without any gas fees. Binance Pay supports over 300 different cryptocurrencies and has been accepted by more than 21 million merchants worldwide, helping to connect digital assets with everyday commerce. Since its launch in 2021, the transaction volume of Binance Pay has exceeded 321 billion US dollars.
About HIVEX
HIVEX is developed by TBCASoft and Inc. It is an innovative joint payment framework designed to achieve interoperability between different payment ecosystems, while allowing participants to maintain their respective governance structures, compliance requirements, and business relationships. HIVEX connects acquirer partners, electronic wallet ecosystems, and payment networks to enable scalable payment interoperability across markets and various terminal forms.
Regarding the cashless payment service “PayPay” provided by PayPay and PayPay Corporation
“PayPay” is a cashless payment service that has been expanded nationwide. It can be used not only in large chain stores but also in small and medium-sized retailers, vending machines, taxis, and even public transportation. It can also be used in various other scenarios, including online services and payment of utility bills. PayPay has also expanded its services beyond just payments, including the “Send / Receive” functions (remittance/transfer and receipt of funds), which allow users to transfer their PayPay balances (PayPay Money and PayPay Money Lite) for free between each other; as well as the “Earn Points” service, which allows users to experience simulated investment by exchanging points provided by service providers that collaborate with PayPay. The company also strives to create a safe and convenient environment for users through a 24-hour hotline and a comprehensive compensation plan, ensuring that any potential losses can be compensated for.
Disclaimer
Digital asset prices can fluctuate. The value of your investment may rise or fall, and you may not be able to recoup the amount you have invested. You are fully responsible for your own investment decisions. Binance assumes no responsibility for any losses you may incur. Please be cautious when topping up your wallet and conducting transactions. This document does not constitute financial advice. For more information, please refer to our Terms of Use, Binance Pay Terms of Use, and Risk Warnings.
The products and services mentioned in this text may not be available in your region.
