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.
Aeon suffers record ¥71 billion hit as retailers report losses
The Japanese retail giant reported a record group net loss of ¥71.024 million for the year through February, its first red ink in 12 years.
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.
Tokyo police arrest two Chinese students over NTT Docomo e-money hacks
The two exchange students are suspected of transferring a total of some ¥700,000 into Docomo Koza accounts from Okayama residents' accounts in Chugoku Bank.
Japan Post Bank to scrap its cashless payment service over security flaws
Until the launch of a new service, the bank will offer the mijica payment service only with available card functions that have proven to be safe, including its use as a debit card.
Japan Post and Rakuten to forge digital tie-up aimed at boosting efficiency
The companies will try to tackle delivery staff shortages and other challenges by sharing Japan Post's data on postal items and Rakuten's forecasts of online shopping demand.
