⚠️ Japan finance firms add AI translation and QR payments 📊 PayPay has added UnionPay QR payments across participating Japanese merchants while SMBC has begun deploying an OpenAI-powered interpreter to bank employees. The two companies have not announced a partnership between the products. PayPay’s expansion concerns payments made by overseas visitors, while SMBC’s application handles spoken communication between bank employees and customers. 📣 Travelers can register UnionPay cards issued in mainland China, Hong Kong or Macau within the UnionPay App. At participating PayPay merchants, they can scan or present a payment code to complete purchases through the HIVEX network. PayPay said the service can be used for purchases such as meals, accommodations and souvenirs. Prices appear in Japanese yen at the merchant, while the customer’s application calculates the amount in their home currency. ❗️ HIVEX connects domestic merchants to overseas mobile-payment services without requiring separate technical integration for every wallet. TBCASoft, which operates the platform, said UnionPay App payments became available at HIVEX-enabled PayPay locations in early September. TBCASoft described the service as reaching more than 500 million linked UnionPay card users. The figure represents cards linked across UnionPay’s issuing network, not confirmed users of PayPay merchants in Japan.
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⚠️ Japan finance firms add AI translation and QR payments
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