Travelers ask, 'Cash, what’s that?'
On a recent trip to England, Andrew Dodson, 35, and his wife, Erin, 32, who live in Traverse City, Michigan, had an unexpected problem: No matter how hard they tried, they couldn’t spend the 700 British pounds they’d brought along. "We traveled all around the ...
Smart ring that acts as wallet and key gets backing from big Japanese firms
Made out of zirconia, the finger-worn gadget lets people do things such as lock and unlock doors, as well as pay for drinks in stores.
Amid the 'buy now, pay later' boom, Japan takes a different path
The country's unique approach to credit card payments undercuts the appeal of BNPL seen elsewhere, with the service finding a different niche as a result.
Shopping through social-media platforms expected to hit $1.2 trillion by 2025: study
More than half of so-called social buyers surveyed said they are likely to support small businesses over larger retailers.
PayPal to acquire Japanese unicorn Paidy in ¥300 billion deal
PayPal is looking to deepen its push into buy-now-pay-later products, with Paidy a standout provider in a country where nearly three-quarters of purchases are paid for with cash.
SoftBank's PayPay surges ahead in Japan's digital payments race
PayPay has deployed a shoe-leather sales force of thousands to target restaurants, drugstores and supermarkets, attracting more than 3 million merchants.
Smart rings seen as new frontier for cashless payments
As retailers around seek ways to make it easier to shop seamlessly without touching anything, MTG in Japan is betting its technology can rule them all.
Government seeks safety guarantee in Japan's digital wage payout plan
A plan for digital salary payments is being pushed by the government to help people avoid touching cash amid the coronavirus pandemic.
Rakuten sees biggest surge in 18 years after Tencent and Japan Post invest
The e-commerce pioneer is looking to expand its capabilities in artificial intelligence, financial technology and mobile networks.
Japan may soon allow wage payouts in digital cash. What will that look like?
The government is looking to introduce an option that will allow people to have their salaries transferred to smartphone virtual wallets.
Pandemic gives extra momentum to cashless drive in Japan
Even local governments — typically the last in line to introduce any kind of technology — are starting to jump onto the digital payment trend.
Cash-loving Japan shifts from notes and coins in boost for banks
As banks move toward digitalization, the pandemic has added an incentive for consumers and merchants to avoid touching physical money.
