PayEasy is a Japanese payment method that simplifies how merchants accept payment from consumers. It's similar to PayPal and Square, but it's focused on Japanese consumers.

PayEasy has been around since 2012, and it has grown rapidly since then. It now works with over 260,000 merchants across Japan – including convenience stores, vending machines, and restaurants – and there are more than a million PayEasy users.

The way it works for consumers is simple. They sign up for an account on the PayEasy website, then use their phone to pay at any of the thousands of participating stores. They can pay using cash or credit card. Consumers can also use PayEasy to transfer money between friends or family members. 

PayEasy uses fingerprint authentication (similar to Apple Pay) so that users don't need to enter any personal information when they buy something—they just place their finger on the fingerprint scanner and voila! They're done!

When merchants accept a payment request from a customer using PayEasy, they simply need to approve the payment. Then, it will appear in their balance as pending until it clears (which usually takes 3-5 business days). They can withdraw this money at any time, but if they wait until it clears before withdrawing, they can be sure that there are no issues with their account or card.