Coiney, which is backed by Dentsu, CyberAgent and SBI, is set to merge with Stores.jp and form a payment technology company called Hey.
Coiney, a Japan-based payment processing service backed by marketing firm Dentsu, has agreed to merge with Japan-based online shop platform Stores.jp to form a new company called Hey, The Bridge has reported.
Founded in 2012, Coiney produces a handheld terminal that connects to a smartphone or tablet to accept transactions from credit cards and the WeChat Pay mobile service. It also operates a platform that allows merchants to easily accept credit card payments online.
Stores.jp was launched in 2012 by…
