QR Code Payment Provider Netstars Secures $60 Million Funding

Japanese QR code payment gateway provider Netstars Co. has completed a $60 million (6.6 billion yen) funding round.

Based in Tokyo, Netstars is a payments aggregator that operates StarPay, which integrates multiple payment providers into a single device or software platform, for multi-app point-of-sale processing. Netstars says this service is used by more than 280,000 merchants in Japan and has aggregated 37 providers into the platform, including PayPay, AliPay and WeChat Pay.