Expansion of the smartphone payment service Yucho Pay and payment services for corporate customers
First written in FY2019. 3 of 4 entries say "Advanced", first in FY2020. Latest entry: FY2023.
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- FY2023AdvancedAnnual report
「We promoted cashless initiatives, including the launch of the Yucho Debit Visa debit card, which combines a cash card and debit card.」
The Bank began issuing Yucho Debit, expanding the scope of its cashless services. - FY2022AdvancedAnnual report
「Specifically, from May 2021 we began offering an overdraft service to meet customers' unexpected expenses and temporary funding needs, as well as residential lending services for individuals (Flat 35). From December 2021, we also began offering the Rakuten Card Yucho Bank design in cooperation with Rakuten Card Co., Ltd.」
The Bank began offering overdrafts, Flat 35, and Rakuten Card-related services, expanding the scope of its payment and retail services. The plan also includes the launch of Yucho Debit in May 2022. - FY2020AdvancedAnnual report
「We began offering the smartphone payment service Yucho Pay in May 2019. We worked to expand the number of Yucho Pay users and attract stores where Yucho Pay could be used, and as of the end of March 2020 it was available at approximately 100,000 stores.」
The Bank began offering Yucho Pay and expanded the number of stores where it could be used to approximately 100,000 as of the end of March 2020. It also began offering Biz Direct, bulk transfers, and payroll transfers for corporate customers. - FY2019First statedAnnual report
「For the smartphone payment service Yucho Pay, we will promote efforts to attract companies to adopt Yucho Pay, encourage its adoption, and expand the service. We will also focus on corporate services, including Yucho Biz Direct, an internet banking service equipped with functions frequently requested by customers, and remittance services such as bulk transfers and payroll transfers.」
The Bank identified attracting companies to adopt the smartphone payment service, promoting its adoption, expanding the service, and providing corporate internet banking and remittance services as new payment service initiatives.