Mercari Inc., a mobile payment service, has launched merpay connect, a cashless alternative that lets users apply for a small sum loan directly from their Merc a ri app. Mercari customers can also use their sales balance to pay for purchases through the app. The service is compatible with most smartphone devices and is available in Japan. For more information, visit the merpay connect website. While it is still early, it is expected to roll out to other countries and industries soon.
Mercari’s payment arm launches merpay connect
Mercari’s payment arm, MERPAY, has launched MERPAY Connect, a new feature that allows sellers to receive payments instantly. Instant payment is available on the Mercari marketplace for a $2 processing fee. For sellers, the feature makes it possible to transfer up to $500 per month to their bank accounts. It takes less than five minutes to complete this process. Mercari is a global marketplace for e-commerce products and services.
Mercari, which launched in July 2013, has partnered with mobile phone operator NTT Docomo to improve point programmes and payment services. Mercari ID users can connect to their d Account with Docomo’s d Barai mobile payment service to make purchases. The companies are also exploring fintech together. Merpay and Docomo are expected to launch interchangeable payment services later this year.
In addition to launching Merpay Connect, Mercari has also launched Mercari Shops, which allows small businesses to create e-commerce storefronts on its app. Mercari is inviting small businesses to apply for the service. Businesses will be able to manage their online stores using smartphones. The app costs nothing to sign up for, and the user pays 10% after a sale.
Google Cloud has helped Mercari’s internal team with data management. Mercari uses Google Cloud to reduce infrastructure management resources. Using Google Cloud to host Merpay connect also allows the company to leverage the full suite of Google Cloud services. The company is also moving to a Google Cloud monolithic system. This means it no longer has to hire a full-time infrastructure engineer to manage the application.
Suica and Pasmo are cashless options
Pasmo and Suica are both mobile payment systems, but you may not be familiar with them. Pasmo can be loaded with money or credit card information and used to pay for goods and services in vending machines and JR train systems. If you’d prefer to use a card to make payments, the Ecard can be used in vending machines and at other IC chip readers.
Unlike in other countries, Japan has been slow to adopt contactless payment systems. Public transport cards have been popular for some time, but the government didn’t push for widespread adoption. Before it was mandatory for shops to accept the cards, they were only used for public transportation. Today, however, most stores accept these cards. Some stores even offer remote charging options, like Google Pay. However, most people still use cash when they can’t access contactless payment systems.
Apple Pay is another way to use a Suica or PASMO card. Apple Pay can be used with Apple Pay in Japan. You must have an iPhone or Apple Watch Series 3 or later, along with a payment card issued by a Japanese bank. To use Apple Pay with Suica and PASMO cards, simply hold the top of your iPhone near the reader. Similarly, Apple Pay works with PASMO and nanaco e-money cards.
Apple Watch users can also use PASMO and Suica cards. Both cards require authentication using a Touch ID or Face ID and can be used everywhere a physical card is accepted. Apple Pay also requires you to return items purchased with either PASMO or Suica. Authentication is possible via Face ID, Touch ID or a passcode. In the US, Apple Pay and PASMO cards are also compatible with Apple Pay.
Users can apply for a small-sum loan through the Merc a ri app
The application process for a payday loan is straightforward. All applicants must provide basic information such as name, address, zip code, email address, date of birth, military service status, and the amount of money they need. The loan company will use this information to determine whether they are a good risk to lend money to. Some criteria may disqualify a person for a small-sum loan, including having a high limit credit card or excessive borrowing.
Mercari is implementing neutral and open partnerships across industries
Through its openness strategy, Mercari has been expanding its merchant base, strengthening categories, and tapping new groups of users. The company is also trialing a photography booth at laundromats where users can take pictures of their clothes. This is an additional way to promote C2C commerce and make the process easier for consumers. These measures can improve consumer safety and reduce fraud. In addition to helping businesses improve their business practices, Mercari is helping them to increase their revenue and reduce costs.
Merpay, a Japanese mobile payment service, is accelerating the shift toward a cashless society in Japan through the use of neutral and open partnerships with other companies. Merpay has signed letter-of-intent with LINE Pay and other companies, and plans to implement mutual access to merchants by early summer. This move helps the company increase its user base and develop a cashless society in Japan.