Contents:
1. Introduction
2. What is the Social Product Award?
3. Our Experience and Thoughts
4. About the Award Ceremony
5. Highlights from the Judges’ Feedback
1. Introduction
In this article, we’ll walk you through the meaning of the Social Product Award, our experience of winning it, and what we look forward to at the ceremony.
First of all, we are delighted to share that we have been honored with the Social Product Award!
2. What is the Social Product& Social Product Award?
Social products are goods and services that are kind to people and the planet. These include items that are eco-friendly, organic, fair trade, donation-based, or rooted in local communities and traditions. By purchasing social products, consumers can connect with actions and organizations that contribute to building a sustainable society.
Learn more here.
The Social Products Award (SPA) is the first and only system in Japan that honors social products, with the goal of promoting and spreading their adoption to help realize a sustainable society. The award recognizes outstanding social products, providing consumers with valuable information while supporting companies and organizations dedicated to sustainability through their products and services.
Learn more here.
3. Our Experience and Thoughts
MobalPay: A Payment Solution for Foreign Residents in Japan
Launched in 2023, MobalPay is a payment solution designed for life in Japan, licensed by Japanese financial authorities and powered by Mastercard. It provides a convenient option for foreigners without credit cards, allowing them to make online and app payments — including purchasing Mobal SIM cards. MobalPay caters to the diverse needs of foreign residents and is expanding its services to users beyond English-speaking countries.
What makes MobalPay even more special is its commitment to giving back. Monthly fees are donated to charity, supporting various initiatives in Malawi, Africa — from providing school meals to building new schools.
4. Highlights from the Judges’ Feedback
We received heartwarming comments from the judges.
“The product has a clear and significant impact, improving lives and offering essential services. It also contributes to supporting Malawi, which adds significant value. The founder’s strong social commitment and past achievements are highly praised. By addressing the challenges faced by foreign residents in Japan, it not only improves their lives but also contributes to solving broader societal issues. There are high expectations for its future development and continued efforts.”
5. About the Award Ceremony
We will attend the ceremony on Wednesday, March 26th! Once it’s over, we’ll share the details in this blog.