Japan: EC payment processing service market size 2027

In the fiscal year 2022, the trading volume of processing services for e-commerce payments in Japan amounted to around 28.17 trillion Japanese yen. The market was forecast to reach over 49 trillion yen by fiscal year 2027.

Trading volume of the e-commerce payment processing service market in Japan from fiscal year 2017 to 2022 with forecasts until 2027 (in trillion Japanese yen)

Characteristic	Trading volume in trillion Japanese yen
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Release date

April 2024

More information

Region

Japan

Survey time period

fiscal years 2015 to 2022; the Japanese fiscal year starts on April 1 of the stated year and ends on March 31 of the following year

Special properties

market size is based on the trading volume of e-commerce payment processing service providers

Supplementary notes

*Prospect.
**Forecasts.

E-commerce settlement services are defined as a service that goes between e-commerce businesses (e-commerce website operators) and payment service providers to undertake payment processing tasks on behalf of e-commerce businesses. Businesses include settlement agencies, payment service providers, and deferred payment service providers, etc.)

In the case of QR code payment services, only the online transaction volume handled by businesses offering e-commerce payment services is covered.

Figures prior to fiscal year 2019 are from previous reports.

100 Japanese yen equal 0.66 U.S. dollars or 0.61 euros as of April 2024.

Values have been rounded.

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