Sumitomo Mitsui, SoftBank to Collaborate on Digital Payment Services

Sumitomo Mitsui, SoftBank to Collaborate on Digital Payment Services

From left to right, PayPay President Ichiro Nakayama, SoftBank President Junichi Miyakawa, Sumitomo Mitsui Financial Group President Toru Nakashima and Sumitomo Mitsui Card President Yukihiko Onishi pose for a photo at a press conference in Tokyo's Chiyoda Ward on Thursday.
From left to right, PayPay President Ichiro Nakayama, SoftBank President Junichi Miyakawa, Sumitomo Mitsui Financial Group President Toru Nakashima and Sumitomo Mitsui Card President Yukihiko Onishi pose for a photo at a press conference in Tokyo's Chiyoda Ward on Thursday.

   Tokyo, May 15 (Jiji Press)--Sumitomo Mitsui Card Co. and mobile carrier SoftBank Corp. said Thursday that they will form a comprehensive partnership in the digital finance service area.
   Under the alliance, the PayPay mobile payment service of a SoftBank affiliate will be available for transactions, including payment and charging, on the Olive general financial app of Sumitomo Mitsui Banking Corp., which is under the wing of Sumitomo Mitsui Financial Group Inc. along with Sumitomo Mitsui Card.

(2025/05/15-19:03)

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