Stripe said Wednesday that it has expanded its services in Japan with the launch of Stripe Terminal, aimed at helping businesses unify online and offline commerce.
Stripe Launches Terminal in Japan to Support Unified Commerce
The announcement was made at Stripe Tour Tokyo on September 3, where the company also showcased new features utilizing AI and stablecoins.
Stripe Terminal includes Tap to Pay on iPhone, integration with PayPay, Japan’s largest QR code payment service with more than 70 million users, and Weixin Pay.
The new Reader S710 also enables merchants to process payments with cellular connectivity, avoiding disruptions from Wi-Fi outages.
Inforich, a mobile battery sharing service with around 55,000 locations across Japan, will be among the first to adopt the new technology, according to the firm.
“Stripe is invaluable as we aim for global expansion,” said Yuuki Hashimoto, CEO of Inforich. “We were attracted to the globally unified development module and the multilingual support. The trust from our developers and Stripe’s positive reputation were decisive factors in our adoption.”
Stripe also announced a push to help Japanese firms expand into South Korea by supporting local wallets such as Naver Pay, Samsung Pay and PAYCO, alongside all major domestic cards.
The company highlighted enhancements to its fraud detection tool, Stripe Radar, which has lifted authorisation rates by 25 percent, as well as Stripe Startups, a programme for early-stage, venture-backed companies.
In 2024, Stripe’s payment volume in Japan rose by more than 40 percent year-on-year, while cross-border transactions grew 62 percent. Globally, Stripe processes over $1.4 trillion annually.
