"PayPal Here is expanding into Japan. PayPal announced it is forming a joint venture with Japanese Internet company Softbank. The new firm, PayPal Japan, will begin offering digital payment services and will make PayPal's new mobile point of sale product, PayPal Here, available to Japanese consumers."
Source: New JV between PayPal, Softbank to offer digital payment services in Japan
Mobile Payments Today
May 9, 2012