02/15/2022 | Press release | Distributed by Public on 02/15/2022 00:02
News Releases
2022.02.15
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Ryohin Keikaku Co., Ltd. (Toshima-ku Tokyo; President and Representative Director: Nobuo Domae) introduced a new payment service "COIN+" to its own smartphone application named "MUJI passport." This service is provided by Recruit MUFG Business Co., Ltd. (Headquarters: Chuo-ku, Tokyo; President and Representative Director: Eiji Natsume, hereinafter referred to as "Recruit MUFG Business") and can be used at about 230 MUJI stores (some of the stores where MUJI passport Pay can be used) in Japan from Tuesday, February 15.
"COIN+" is a payment service that has been installed also in "Air Wallet", a digital bank account management and payment application provided by Recruit MUFG Business. It makes it possible to purchase products and make payments using a QR payment function of "COIN+" installed in "MUJI passport".
The settlement fee charged by "COIN+", the service offered by Recruit MUFG Business, is 0.99% (excl. tax), excluding the charge for the point refund.
The processes of point refund and settlement are separated, and beyond that, a low-cost payment solution is provided: this service concept resonated with us, and consequently, we decided to introduce this service.
By introducing QR payment to "MUJI passport", we can reduce the need for credit card payment process and cash exchange, leading to shorter waiting time and fewer line-ups at the checkout counter.
Furthermore, with the introduction of "COIN+" at MUJI stores, we hope that this means of payment will spread to a wide range of businesses across Japan, including small and medium-sized local merchandisers, helping to make commerce more convenient for consumers and merchandisers.
Refer to the store list (in Japanese)
* We are planning to increase the number of MUJI stores where "COIN+" can be used.
Please refer to the press release of Recruit MUFG Business for details of "COIN+" by clicking the link below:
Press release of Recruit MUFG Business
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PR Department, PR & ESG Division
RYOHIN KEIKAKU CO., LTD.
Tokyo, JAPAN