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NETELLER digital wallet now live in Japan

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Oct 29, 2018

Tokyo, Japan: NETELLER, the digital wallet which is offered by the leading global payments provider Paysafe Group, is now live in Japan. Having been issued a licence from the Kanto Local Finance Bureau (KLFB), the popular wallet service is available for merchants and consumers across the country.

The Japanese roll-out of the NETELLER digital wallet follows the Japanese government setting the target of doubling the percentage of cashless payments to 40% over the coming decade. This comes as part of broader efforts to reduce Japan’s dependency on cash.

Millions of consumers around the world already use NETELLER to pay at thousands of websites and send money internationally by making cost-effective, instant money transfers. Customers have a number of online and offline withdrawal and spending options, and access to rewards. Businesses using NETELLER have the option to accept and make payments in environments where traditional payment methods may not work.

Lorenzo Pellegrino, CEO of NETELLER, Skrill and Income Access at Paysafe, commented: “As a country which has been largely cash based to date, there is an exciting opportunity in Japan to support the growth of e-commerce and digital payments locally and we believe our tried and tested NETELLER digital wallet will provide an important new payment choice.  We’re looking forward to working with businesses to offer more ways for Japanese consumers to pay.”

To find out more about NETELLER or sign up for a NETELLER digital wallet, please visit www.neteller.com.

About Paysafe Group

Paysafe Group (Paysafe) is a leading global provider of end-to-end payment solutions. Its core purpose is to enable businesses and consumers to connect and transact seamlessly through industry-leading capabilities in payment processing, digital wallet, card issuing and online cash solutions. 

With over 20 years of online payment experience, an annualized transactional volume of over US $80 billion, and approximately 3,000 employees located in 12+ global locations, Paysafe connects businesses and consumers across 200 payment types in over 40 currencies around the world.

Delivered through an integrated platform, Paysafe solutions are geared toward mobile-initiated transactions, real-time analytics and the convergence between brick-and-mortar and online payments.

Visit us at www.paysafe.com.

For Media Inquiries:

Anna Howard
Head of Corporate Communications, Europe and Asia 
T: +44 (0) 7585 967 772 / Anna.Howard@paysafe.com