Tag - cashless

 
 

CASHLESS

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
Nov 20, 2020
Japanese companies team up to test private digital currency
The lack of interoperability between different cashless payment applications remains a hurdle both for consumers and retailers.
Japan Times
JAPAN / Crime & Legal
Nov 5, 2020
E-money laundering in Japan nearly tripled in 2019, police say
The 3,913 cases reported by nonbank operators of funds transfer services during the year compare to 1,391 in 2018, according to the National Police Agency
JAPAN / Crime & Legal
Sep 24, 2020
Stolen money via Japan Post account breaches rises to ¥60 million
Japan Post Bank Co. said Thursday the amount of money stolen from customers' accounts due to a series of security breaches of seven electronic payment services has ballooned to about ¥60 million ($570,000).
Japan Times
BUSINESS / Companies
Sep 14, 2020
More NTT Docomo e-money thefts confirmed, with ¥25 million stolen
The company said 120 cases of fraudulent money withdrawals were found at 11 of the 35 banks that NTT Docomo has partnered with.
Japan Times
BUSINESS / Companies
Sep 10, 2020
NTT Docomo admits ¥18 million stolen via its e-money service
The company, which has stopped allowing customers to create new links between the service and bank accounts, has said it will try to compensate victims.
Japan Times
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
Jun 3, 2020
Japan banks and cashless payment firms to explore future 'digital yen'
Three Japanese megabanks and cashless payment providers plan to set up a consortium this month in a bid to streamline and interoperate their services, a project that could evolve into the introduction of the "digital yen" envisaged by the Bank of Japan, sources close to the matter said Wednesday.
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 / Tech
Feb 18, 2020
Lawson shows off experimental automated convenience store
Lawson Inc. unveiled for the media Tuesday an experimental checkout-free convenience store that will allow customers to make purchases using a smartphone app.
Japan Times
JAPAN
Feb 10, 2020
Japan Railways glitch halts credit card ticket purchases nationwide
Railway firms including East Japan Railway Co. and West Japan Railway Co. experienced a technical glitch with their ticketing system Monday morning for nearly five hours that prevented credit card purchases, their ticketing system management company said.
Japan Times
BUSINESS
Feb 2, 2020
Most Japan consumers to continue cashless payments when rebate program ends: survey
Over 86 percent of Japanese consumers plan to continue making cashless purchases even after the government's points-based rebate system concludes in June, a recent study by a Tokyo-based marketing research company has shown.
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
BUSINESS
Jan 21, 2020
Convenience store sales in Japan rose to record in 2019 on government steps to offset impact of tax hike
Convenience store sales rose 0.4 percent to a record level last year as the government's measures to spur consumer spending helped offset the impact of the consumption tax hike.
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 / Companies
Dec 16, 2019
Carrier KDDI and convenience store Lawson to tie up on mobile payments
Mobile phone carrier KDDI Corp. and convenience store operator Lawson Inc. will tie up on smartphone payments and combine their customer loyalty point programs to strengthen competitiveness against rivals, the two companies announced Monday.
Japan Times
BUSINESS / Companies
Dec 9, 2019
Line starts bank transfer service via smartphone payment platform
Messaging app provider Line Corp. on Monday started a new service that allows users to transfer money to bank accounts via its smartphone payment platform, a first for Japan in a crowded market.
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.

Longform

Historically, kabuki was considered the entertainment of the merchant and peasant classes, a far cry from how it is regarded today.
For Japan's oldest kabuki theater, the show must go on