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Companies

Chat app Line plots finance 'revolution' with mobile payments

Japanese operator with 75m users aims to beat banks on sheer convenience

Line President Takeshi Idezawa spoke about the chat app operator's financial ambitions on June 28.
Line President Takeshi Idezawa speaks about the chat app operator's financial ambitions on June 28.

TOKYO -- Line, the operator of Japan's leading chat app, is pushing hard into the banking sphere with plans to aggressively expand in mobile payments, aiming to get its 75 million users hooked on transactions without the fees imposed by conventional banks.

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