Line Corp. said Tuesday it has teamed up with Tencent, China's largest messaging app provider, to allow Chinese travelers in Japan to make cashless payments via smartphone.
Line, Japan's messaging app giant with 78 million users, is stepping up its bid to become a major cashless payment platform by targeting Chinese tourists, who represent the biggest group of foreign travelers to Japan.
During a Tokyo event, Line also said it will offer a banking service with Mizuho Bank. Line will own 51 percent of the planned joint firm and aims to launch services in 2020.