PayPay, a payment service by SoftBank Group in Japan, is launching an integration with Binance Japan ahead of its anticipated IPO in December. This new partnership enables Binance Japan users to utilize PayPay Money, an electronic money service, to buy cryptocurrencies and withdraw their digital assets instantly. The minimum transfer amount is set at 1,000 yen (about $6.50), with the ability to execute deposits and withdrawals easily via the app.

PayPay Money fees for Binance Japan transfers. Source: PayPay

At launch, deposits will be fee-free, but withdrawals will incur a charge of 110 yen ($0.60). Daily maximum transfers are capped at 1 million yen ($6,380) and 2 million yen ($12,760) monthly. Users must complete identity verification on both platforms to enable the integration.

Softbank-backed Twenty One Capital is among the top 10 public companies holding Bitcoin (as of Nov. 6, 2025). Source: CoinGecko

This initiative comes as SoftBank continues to pursue a US listing for PayPay, aiming for a valuation above 3 trillion yen ($20 billion) during its IPO. As SoftBank significantly invests in crypto ventures, this collaboration with Binance Japan symbolizes a strategic expansion in payment solutions for cryptocurrency trading.