Tag - cashless

 
 

CASHLESS

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.
Japan Times
BUSINESS
Nov 6, 2019
Despite Japan’s quest to go cashless, nation’s growing elderly population proves reluctant
Cash is king in Japan, and more so for the country's fast-aging population who are still deeply reluctant to give it up.
BUSINESS / Companies
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.
Japan Times
BUSINESS
Sep 24, 2019
Presence of Japan's ¥1 coins likely to fade further with tax hike
Small and silver in color, the ¥1 coin may not have much of a presence after the consumption tax rises from 8 percent to 10 percent on Oct. 1.
Japan Times
BUSINESS
Sep 1, 2019
Can a tax rebate persuade Japan's mom-and-pop stores to shift to cashless payments?
Despite the government pushing the opportunity to accelerate Japan's shift away from cash, many small-business owners are hesitant to change over to cashless payments.
Japan Times
JAPAN
Aug 28, 2019
JR East and Tokyo Metro to debut special IC cards aimed at tourists
From Sunday, visitors to Japan will be able to go cashless while traveling across the country, with major rail operators set to release new rechargeable prepaid transportation IC cards for tourists.
BUSINESS / Companies
Aug 1, 2019
Seven & I to scrap 7pay smartphone payment service in Japan after users hacked
The Tokyo-based retail giant and operator of 7-Eleven convenience stores said it will end the service on Sept. 30.
Japan Times
BUSINESS / Companies
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.
BUSINESS / Companies
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.
Japan Times
BUSINESS
Jul 4, 2019
Japan bets on QR code payments to sustain spending
When the baseball season kicked off in Japan this spring, fans of the Tohoku Rakuten Golden Eagles were faced with an inconvenience they'd never encountered before: The food and drink stalls did not accept cash.
BUSINESS
Jun 7, 2019
Japanese government adopts draft bill to create high-tech 'supercities'
The government on Friday adopted a draft bill to realize its "supercity" initiative to create cities that make use of artificial intelligence, big data and other advanced technologies.
Japan Times
BUSINESS / Companies
May 16, 2019
Line Pay ¥30 billion campaign will allow users to send free ¥1,000 to all their friends
Line has about 80 million active users in Japan, of which about 32 million are registered Line Pay users, according to the firm.
Japan Times
BUSINESS / Tech
Mar 28, 2019
Japan's internet giants team up as mobile payments race intensifies
Line Corp. and Mercari Inc. are joining forces on mobile payments as the nation's internet companies race to dominate cashless transactions in the world's No. 3 economy.
Japan Times
BUSINESS / Companies
Dec 17, 2018
Japan's PayPay to update app after wrongful charge complaints
PayPay, a mobile payment company backed by SoftBank Group Corp., Yahoo Japan Corp. and India's largest digital payments company Paytm, said it's updating its app to strengthen security after multiple complaints from users of erroneous charges.
Japan Times
JAPAN / Regional voices: Chubu
Mar 5, 2018
Chubu Electric tests mobile payment app as prelude to blockchain-based energy marketplace
Chubu Electric Power Co. has developed a mobile payment app for virtual currencies, and has started testing it in-house with employees using it to purchase coffee.

Longform

Once smoky, male-dominated spaces, today's net cafes, like Kaikatsu Club, are working to make their operations more attractive to women customers.
The second life of Japan's net cafes