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SoftBank partners Paytm to launch mobile payments service 'PayPay' in Japan
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SoftBank partners Paytm to launch mobile payments service 'PayPay' in Japan

In Japan, cash is still the mainstream payment methodology, with the current cashless payment ratio remaining at 20 percent, SoftBank said adding that the Japanese government is taking measures to raise the cashless payment ratio to 40 percent by 2025.