PayPal in Japan

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Do you know about the money transfer intermediary service PayPal? graph of japanese statisticsI’ve been looking forward to encountering a survey such as this one from iBridge Research Plus, reported on by japan.internet.com, into overseas money transfer, focusing on the seemingly invisible in Japan PayPal.

Demographics

On the 17th of May 2010 300 members of the iBridge monitor group completed a private internet-based questionnaire. 50.3% of the sample were male, 13.3% in their twenties, 35.7% in their thirties, 28.0% in their forties, 16.0% in their fifties, and 7.0% in their sixties.

On the first of April this year PayPal banned inter-personal money transfers originating in Japan to be in compliance with the Fund Settlement Act.

I was surprised to see almost a third aware of PayPal, as I thought it was very much a niche product in Japan.

Research results

Q1: Within the last year have you sent money overseas? (Sample size=300)

Yes 6.3%
No 93.7%

Q2: Within the last year have you received money from overseas? (Sample size=300)

Yes 2.7%
No 97.3%

Q3: Do you know about the money transfer intermediary service PayPal? (Sample size=300)

Yes, and have used it 5.3%
Yes, heard of it but not used it 27.3%
No, not heard of it 67.3%
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3 comments »

  1. Amanda said,
    June 4, 2010 @ 09:26

    So how do they buy things from overseas online? Do they just use credit card?

  2. June 7, 2010 @ 13:35

    Thanks to “Demographic” now we have complete strategic report on online questionnaire search

  3. Bob said,
    June 7, 2010 @ 15:06

    Amanda,
    LOLs, as if Japanese people know about ‘the outside world’! If it’s not in Japanese, they’re not likely to buy it.

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