Read how Japan's largest mobile payment app streamlines the digital onboarding experience for its customers while satisfying eKYC compliance mandates.
Inside you’ll learn how this mobile payments leader:
- Met new mandates from the Japan Financial Services Agency (FSA) for e-KYC/AML.
- Scaled to handle over 750,000 remote account openings in just the first week, with zero degradation in performance.
- Achieved strict biometric matching benchmarks of less than 0.001% False Acceptance Rate (FAR) and less than 1% False Rejection Rate (FRR).
- Used granular metrics to build a critical understanding of user behaviors and application performance.
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"PayPay has over 10 million users and 1 million merchant partners and is the second largest mobile payments company in Japan."