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Business deals

Japan to unify mobile payment codes, enlisting Chinese giants

Alibaba, Tencent and Line join hands in promoting standard QR reading

A customer makes a payment by scanning a QR code on her smartphone. (Photo by Kaoru Osawa)
YOICHIRO HIROI, Nikkei staff writer | Japan

TOKYO -- Line and Alibaba Group Holding are among five major internet businesses from Japan and China that will standardize QR codes that are scanned to make payments via smartphones in Japan, Nikkei has learned.

The others joining this undertaking are online flea market operator Mercari and mobile carrier NTT Docomo from Japan and Tencent Holdings' WeChat Pay from China.

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