Announced details
2025 QR code payment transaction value: exceeded ¥1 trillion
CAGR of transaction value over the most recent 3 years (2022–2025): +48%
Supports approximately 40 major QR code payment brands in Japan
DGFT is Digital Garage’s payments subsidiary. Together with 株式会社ポケットチェンジ, it provides digital wallet functionality.
Cloud Pay patent number: 7303664
Cloud Pay Neo patent number: 7641080
Electronic payment agency registration: Kanto Local Finance Bureau Director (Electronic Payment Agency) No. 25
Money transfer service provider registration: Kanto Local Finance Bureau Director No. 00094
Registration as a business operator that enters into contracts for the handling of credit card numbers and other information: Kanto (Credit Card) No. 112
More than 1.14 million QR code payment-enabled locations in Japan. The group as a whole has more than 1.3 million in-person and non-in-person locations.
In addition to payment fee revenue, the company plans to build a multilayered revenue model and strengthen earnings through peripheral solutions. However, no specific amount of earnings impact was disclosed.
The company does not address Contract Value / Offering price.
Ministry of Economy, Trade and Industry, “Cashless Payment Ratio for 2025”
25 September 2024 press release, “DGFT’s common QR code payment solution ‘Cloud Pay’ implemented for QR code payments on ‘Square,’ one of the world’s largest payment platforms”
Nikkei NEEDS industry report, Housing Services
Japan Direct Selling Association, “Trends in Door-to-Door Sales Revenue”
Yano Research Institute, “Outlook and Strategies for the Japanese Home Renovation Market: 2023 Edition”
FISCO Ltd., “Corporate Research Report: Aqualine <6173>”
Ministry of Education, Culture, Sports, Science and Technology, “Survey of Children’s Learning Expenses”
Yano Research Institute, “Survey of the Childcare and Early Childhood Education Market”
Ministry of Economy, Trade and Industry, “Current Survey of Selected Service Industries”
Nikkei BP, “Implementation Strategies for Contactless Technology”
Amusement Industry Association of Japan, “Survey Report on the State of the Amusement Industry: Fiscal 2023 Edition”
| Item | Details |
|---|---|
| Names of Products / Services Covered | Cloud Pay, Cloud Pay Neo, Cloud Pay Register, Cloud Pay Marketing |
| Relationship with the Company | DGFT is Digital Garage’s payments subsidiary. Together with 株式会社ポケットチェンジ, it provides digital wallet functionality. |
| Launch date | 2022 (the year the company began full-scale efforts to expand its QR code payment services; track record) |
| Applicable area | Retail, Food service, Parking facilities, On-site visit-based services, Childcare and Educational Facilities, Vending machines, Amusement |
| Registration number and expiry date | Cloud Pay patent number: 7303664, Cloud Pay Neo patent number: 7641080, Electronic payment agency registration: Kanto Local Finance Bureau Director (Electronic Payment Agency) No. 25, Money transfer service provider registration: Kanto Local Finance Bureau Director No. 00094, Registration as a business operator that enters into contracts for the handling of credit card numbers and other information: Kanto (Credit Card) No. 112 |
| Location scale | More than 1.14 million QR code payment-enabled locations in Japan. The group as a whole has more than 1.3 million in-person and non-in-person locations. |
| Usage history | 2025 QR code payment transaction value: exceeded ¥1 trillion, CAGR of transaction value over the most recent 3 years (2022–2025): +48%, Supports approximately 40 major QR code payment brands in Japan |
| Impact on Business Performance | In addition to payment fee revenue, the company plans to build a multilayered revenue model and strengthen earnings through peripheral solutions. However, no specific amount of earnings impact was disclosed. |
| Source | Ministry of Economy, Trade and Industry, “Cashless Payment Ratio for 2025”, 25 September 2024 press release, “DGFT’s common QR code payment solution ‘Cloud Pay’ implemented for QR code payments on ‘Square,’ one of the world’s largest payment platforms”, Nikkei NEEDS industry report, Housing Services, Japan Direct Selling Association, “Trends in Door-to-Door Sales Revenue”, Yano Research Institute, “Outlook and Strategies for the Japanese Home Renovation Market: 2023 Edition”, FISCO Ltd., “Corporate Research Report: Aqualine <6173>”, Ministry of Education, Culture, Sports, Science and Technology, “Survey of Children’s Learning Expenses”, Yano Research Institute, “Survey of the Childcare and Early Childhood Education Market”, Ministry of Economy, Trade and Industry, “Current Survey of Selected Service Industries”, Nikkei BP, “Implementation Strategies for Contactless Technology”, Amusement Industry Association of Japan, “Survey Report on the State of the Amusement Industry: Fiscal 2023 Edition” |
Items this document does not state (9)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The growth is attributed to support for approximately 40 major QR code payment brands, more than 1.14 million enabled locations, deeper penetration of priority sectors with significant potential for cashless adoption, and expanded implementation tailored to industry characteristics and on-site operations.