Line, Mercari Tie Up on Smartphone-Based Payments

Economy

Tokyo, March 27 (Jiji Press)--Line Corp. <3938> and Mercari Inc. <4385> said Wednesday that they have agreed to tie up on smartphone-based payment services, in order to promote cashless shopping.

Line, an free messaging app provider, and Mercari, an online flea market operator, are offering Line Pay and Merpay cashless payment services, respectively, using quick response, or QR, codes.

Beginning early this summer, shops accepting payments through either of the two platforms will become able to accept the other as well, according to the two companies.

Line and Mercari will call on other smartphone-based payment service providers to join their initiative.

"If more companies join our alliance, benefits will be greater," Naoki Aoyagi, head of Tokyo-based Merpay Inc., which operates the Merpay service, told a news conference.

[Copyright The Jiji Press, Ltd.]

Jiji Press