If you want to know more about the merpay connect service, read on. We’ve broken down the features, advantages, and disadvantages of this payment system. To make your experience with merpay connect even better, we’ve written a short guide for you. Here, you’ll learn all you need to know about this service. And if you haven’t yet, here are three reasons you should try it out.
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The new payment system will be available to small and medium business owners, even those without a payment processing device, and it will service more than one million merchants nationwide. It supports both ‘iD’ and code payment. The company has submitted several patent applications, and has plans to connect to 60 Japanese banks for bank account connection, so that customers can charge money from their bank accounts. Merpay has a long list of plans, but this may be just the beginning.
The company aims to build trust among consumers and businesses for a seamless society. To do this, it plans to use the data collected from Mercari to enable deferred payments in retail stores. As part of the service, consumers will be able to make purchases with their cards without cash or cards, and based on their Mercari track record. The system is expected to be available in Spring 2019.
