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Business / Corporate Oct 1, 2019

400,000 users still have deposits in 7pay as Seven-Eleven scraps embattled service

Seven-Eleven Japan Co. has terminated its embattled 7pay smartphone-based cashless payment service, leaving around 400,000 users still with unused deposits in the service. The service was scrapped Monday after just three months, following cases of security breaches immediately after its introduction on July 1. Some ...

Seven & I to scrap 7pay smartphone payment service in Japan after users hacked

Business / Corporate Aug 1, 2019

Seven & I to scrap 7pay smartphone payment service in Japan after users hacked

by Kazuaki Nagata

The Tokyo-based retail giant and operator of 7-Eleven convenience stores said it will end the service on Sept. 30.

Seven & I Holdings resets all 7pay passwords after ¥38.6 million hack

Business / Corporate Jul 31, 2019

Seven & I Holdings resets all 7pay passwords after ¥38.6 million hack

Seven & I Holdings Co. said Tuesday that it has reset passwords for all of the roughly 16.5 million registered 7pay IDs, which are needed to use its smartphone payment service, following a recent security breach of the service. Users will need to register new ...

Convenience store operator struggles in wake of security fiasco

National / Media | Japan Pulse Jul 13, 2019

Convenience store operator struggles in wake of security fiasco

by Patrick St. Michel

The operator of Seven-Eleven’s new smartphone payment service is under fire for appearing clueless at a news conference that was held after customers were allegedly defrauded through unauthorized access. On July 4, Seven & I Holdings Co. said some 900 convenience store customers using the ...

Seven-Eleven Japan employee becomes third suspect in 7pay mobile payment thefts

National / Crime & Legal Jul 12, 2019

Seven-Eleven Japan employee becomes third suspect in 7pay mobile payment thefts

A Chinese student and Seven-Eleven employee was arrested Friday in connection with the ¥55 million heist conducted via 7pay, the new mobile payment service launched by Seven-Eleven Japan. Yu Huiling is the third suspect to be detained in a case police think may be linked ...

Japan's Seven Pay ordered to report on illegal access to mobile payment system

Business / Corporate Jul 12, 2019

Japan's Seven Pay ordered to report on illegal access to mobile payment system

The Financial Services Agency has ordered Seven Pay Co. to report on cases of unauthorized access to 7pay, its hacked mobile payment service, sources said Friday. The FSA ordered the Seven & I Holdings Co. unit to look into how the intrusions occurred, the customer ...

Government urges Seven-Eleven Japan to beef up security after 7pay mobile payment fraud

National / Crime & Legal Jul 6, 2019

Government urges Seven-Eleven Japan to beef up security after 7pay mobile payment fraud

After customers were allegedly defrauded through unauthorized access, the Ministry of Economy, Trade and Industry tells the operator of Seven-Eleven convenience stores that its mobile payment service is not secure enough.

Police suspect China-based international criminal group behind 7pay ID theft after pair arrested in Tokyo

National / Crime & Legal Jul 5, 2019

Police suspect China-based international criminal group behind 7pay ID theft after pair arrested in Tokyo

One of two Chinese men held had paid ¥730,000 for 146 cartons of electronic cigarette cartridges at convenience store in capital using stolen IDs.

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