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(Update) S'tomo Mitsui, SoftBank to Form Payment Service Alliance

(Update) S'tomo Mitsui, SoftBank to Form Payment Service Alliance

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

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AFP-JIJI PRESS NEWS JOURNAL


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