Leafea Launches New Feature to Exchange Gifts from Benefit Service 'ChoiTOKU' for Points in Regional Currency 'Paydon' in Partnership with Kagoshima Bank

Leafea Inc. (Headquarters: Chuo-ku, Tokyo; Representative Director: Wataru Morita), a provider of community-focused employee benefit services, has launched a new feature in collaboration with Kagoshima Bank (Head Office: Kagoshima City, Kagoshima Prefecture; President & CEO: Hiromi Ikariyama). This feature integrates the employee benefit service 'ChoiTOKU' with the regional currency app 'Paydon', enabling users to exchange gifts within the service for Paydon points.

Value Creation through Integration with Regional Currency App 'Paydon'

In Kagoshima Prefecture, the regional currency app 'Paydon', provided by Kagoshima Bank, is widely used as a payment infrastructure available at approximately 12,000 stores.

Through this integration, by exchanging gifts offered by ChoiTOKU for Paydon points, employees will be able to use them not only at convenience stores and cafes but also at local restaurants, retail stores, and other everyday establishments, significantly enhancing the practical benefits of the welfare program.

Paydon is characterized by its low-cost introduction, with a transaction fee of 1.5% and zero initial fees, monthly fixed fees, and deposit fees, making it a low-burden payment method for local small and medium-sized businesses.

This initiative aims to create value for companies, employees, and the local community by:

- Improving employee convenience (promoting actual use of benefits)
- Expanding consumption at local stores
- Activating the circulation of funds within the region

Feature Details

[For Employees of Companies Using the Benefit Service]

- When receiving a ChoiTOKU gift, employees can choose between 'Selectable Gift (existing)' or 'Paydon Exchange Gift (new)'.
- If they select the Paydon Exchange Gift, they can charge points in the Paydon app equivalent to the gift amount received.
- Exchanged Paydon points are valid for 90 days.

[For Administrators of Companies Using the Benefit Service]

No additional action required (it is automatically added as a receiving option for employees).

Future Outlook

Through this initiative, Leafea aims to establish a new model combining employee benefits and regional currency, contributing to the expansion of adoption among Kagoshima Bank's client companies and regional revitalization efforts.

Furthermore, based on this case, the company will strengthen collaboration with regional financial institutions and promote the creation of a 'Benefits x Regional Economic Revitalization' framework across the country.

Kagoshima Bank Overview

Name: Kagoshima Bank, Ltd.

Head Office: 6-6 Kinsei-cho, Kagoshima City, Kagoshima Prefecture

Website: https://www.kagin.co.jp/index.html

Leafea Inc. Overview

Name: Leafea Inc.

Head Office: THE GATE Kayabacho 3F, 1-10-3 Shinkawa, Chuo-ku, Tokyo

Website: https://leafea.co.jp