PayPay is trading 4.2% up today at $15.53. - The surge follows the announcement on July 8th that PayPay balance transfers to Sumitomo Mitsui Banking Corporation are now free up to 5 times monthly. - This initiative is part of a comprehensive business alliance with SoftBank, aiming to integrate cashless payments with financial services. - The company also plans to add a PayPay balance payment mode to Olive's Flexible Pay feature, and will discontinue support for linking non-Sumitomo Mitsui credit cards by September.