Tag - cashless

 
 

CASHLESS

Japan Times
LIFE / Lifestyle
Jun 18, 2022
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.
Japan Times
BUSINESS / Companies
May 31, 2022
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.
BUSINESS / FOCUS
Jan 25, 2022
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.
Japan Times
BUSINESS / Tech
Jan 4, 2022
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.
Japan Times
BUSINESS / Companies
Sep 8, 2021
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.
Japan Times
BUSINESS / Companies
Jun 11, 2021
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.
Japan Times
BUSINESS / Companies
May 25, 2021
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.
BUSINESS / Companies
Mar 15, 2021
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.
BUSINESS / EXPLAINER
Mar 5, 2021
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.
BUSINESS
Feb 22, 2021
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.
Japan Times
BUSINESS
Feb 18, 2021
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.
BUSINESS / Companies
Jun 25, 2020
Lawson to kick off self-checkout reward campaign to curb virus spread
As the coronavirus continues to spread, the convenience store chain is aiming to reduce face-to-face contact between staff and customers.
BUSINESS
Jun 16, 2020
Abe eyes cutting interbank fees to promote cashless payments
Prime Minister Shinzo Abe said Tuesday that the government will aim to cut interbank money transfer fees in a bid to promote cashless payment in the country.
Japan Times
BUSINESS
Apr 10, 2020
Virus pandemic pushes Japan’s shoppers to finally buy online
Now that the government is urging consumers and businesses to step up efforts to contain the coronavirus outbreak, shoppers may finally have no excuse but to embrace e-commerce and wean themselves from brick-and-mortar stores.
BUSINESS
Feb 20, 2020
23 cashless payment providers join Japan's My Number point program
Twenty-three providers of cashless payment services have registered to participate in a government-led reward-point program for holders of My Number social security and tax identification cards, the internal affairs ministry said Wednesday.
Japan Times
BUSINESS / Companies
Jan 29, 2020
Line in 2019 logs biggest net loss since stock market listing
Free messaging app provider Line Corp. on Wednesday reported a group net loss of ¥46.9 billion for the business year that ended in December last year, the biggest such loss at the firm since its stock market debut in 2016.
Japan Times
LIFE / Lifestyle / 2019 in Review
Dec 22, 2019
Japanese trends you couldn't have missed in 2019
Amid the hard news of the past year, there were some trends that lit up Japan's media offered the nation a sense of, if not a little hope, at least some relief.
Japan Times
BUSINESS / Markets
Dec 4, 2019
MUFG Bank to launch smartphone payment service
MUFG Bank will set up a joint company with human resources services provider Recruit Holdings Co. to launch a smartphone-based cashless payment service, it was learned Wednesday.
BUSINESS / Economy
Nov 23, 2019
Japan plans supplementary funding as cashless payment reward program takes off
The government is considering additional funding of more than ¥100 billion ($920 million) in the supplementary budget to finance a popular rewards program for shoppers making cashless payments, Jiji Press has learned.
BUSINESS
Nov 18, 2019
Nearly 20% of Japan households using e-money but cash still king
Almost a fifth of households use electronic money for small purchases, a survey by a central bank-affiliated research institute shows, up from a year ago and a sign the culture of cash-hoarding is changing.

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