PayPay's quarterly gross merchandise value Q1 2021-Q4 2023

Published by Statista Research Department, May 13, 2024

In the fourth quarter of fiscal year 2023, the gross merchandise value (GMV) of mobile payment platform PayPay amounted to around 2.66 trillion Japanese yen. This marked an increase of 21.2 percent compared to the same quarter of the previous year. PayPay enables users to perform financial transactions by scanning a QR code or bar code using a smartphone app.

Quarterly gross merchandise value of mobile payment application PayPay from 1st quarter 2021 to 4th quarter 2023 (in billion Japanese yen)

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Release date

May 2024

Region

Japan

Survey time period

Q1 2021 to Q4 2023

Special properties

the company's fiscal year runs from April 1 of each stated year to March 31 of the following year; standalone values

Supplementary notes

*From Q4 FY 2021 onwards, payments via Alipay and LINE Pay, etc. are included.

Figures also include the payments through the deferred payment service PayPay Atobarai which was launched in February 2022.

Excluding the ”send/receive" function of PayPay Balance between users.

100 Japanese yen equal 0.64 U.S. dollars or 0.6 euros as of May 2024.

Values have been rounded.

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