This initiative aims to enhance payment employee benefits by increasing salary options and to promote the expansion of the PayPay economic sphere across the entire group.
At the time of granting PayPay approval, the Ministry revealed that three other companies are being considered for the same authorization.
The Ministry also prohibited payment of wages in points or cryptocurrencies that cannot be converted into cash. Furthermore, digital salaries must be optional for the employee.
While Asian gig economy and freelance workers are often paid through e-wallets or QR code payment, paying wages to a bank account remains the norm.
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