Binance Announces today that eligible overseas Binance Pay users can now make payments at PayPay merchants across Japan using HIVEX ® during their visits to Japan.
This interoperability feature will be available starting from September 30, 2026. Through HIVEX ®, this interconnection enables approximately 48 million eligible Binance Pay users from over 100 countries and regions to shop at millions of merchant locations in Japan. However, merchants that support PayPay will still settle payments in Japanese yen.
This service is aimed at travelers going to Japan, with the goal of expanding Binance Pay's presence in one of the world's most advanced cashless payment markets. It supports transactions in dining, shopping, accommodation, and other travel-related expenses. Binance states that this interoperability reflects their long-term vision of making digital asset payments more convenient for everyday and cross-border transactions, and it also demonstrates how integration with mature local payment networks can connect digital assets with the familiar experience of fiat currency payments.
Binance, Vice President of Payments and Fiat Business, Thomas Gregory stated: "As one of the world's leading tourist destinations, Japan is shaping a future of connected, 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. At the same time, it also allows 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 enables digital asset payments while allowing 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 extensive QR code payment network of Binance Pay in Asia's major travel corridors. Binance indicates that these deployments have collectively expanded Binance Pay's coverage in key tourism markets in the region, and support travelers to conduct smoother cross-border consumption.
About Binance
Binance is a globally leading blockchain ecosystem, backed by the world's largest cryptocurrency exchange calculated by trading volume and number of registered users. Binance is trusted by over 300 million people from more than 100 countries and regions, with its business covering trading and finance, education, research, public welfare, payments, institutional services, as well as digital asset products and services such as Web3. Binance is committed to building an inclusive crypto ecosystem, using cryptocurrencies as a fundamental tool to enhance global financial freedom and accessibility.
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 is 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 cross-market and cross-format payment interoperability.
About PayPay and its cashless payment service “PayPay”
“PayPay” is a cashless payment service that has been expanded throughout Japan. 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 further expanded its service range beyond payments to include “Send / Receive” functions (remittance/transfer and receipt of funds), allowing 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 exchange for points provided by service providers that collaborate with PayPay to experience simulated investments. The company also strives to create a safe and convenient usage environment for users through a 24-hour hotline and a comprehensive compensation mechanism to ensure compensation for any possible losses.
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