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May 02, 2024
 

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CASHLESS

Japan Times
JAPAN
Nov 26, 2019
Tokyo's Shinjuku Gyoen National Park to start selling tickets online
Shinjuku Gyoen National Garden, one of Tokyo's largest and most popular parks, will start selling entrance tickets online later this week ahead of next year's Olympics with an eye on cutting queuing times, the government said Tuesday.
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.
Japan Times
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.
Japan Times
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
JAPAN / Crime & Legal
Jul 6, 2019
Government urges Seven-Eleven Japan to beef up security after 7pay mobile payment fraud
After customers were allegedly defrauded through unauthorized access, the Ministry of Economy, Trade and Industry tells the operator of Seven-Eleven convenience stores that its mobile payment service is not secure enough.
Japan Times
JAPAN / Crime & Legal
Jul 5, 2019
Police suspect China-based international criminal group behind 7pay ID theft after pair arrested in Tokyo
One of two Chinese men held had paid u00a5730,000 for 146 cartons of electronic cigarette cartridges at convenience store in capital using stolen IDs.
Japan Times
BUSINESS / Companies
Jul 4, 2019
Users of 7-Eleven's mobile payment service lose total of ¥55 million after 900 accounts hacked
Tsuyoshi Kobayashi, president of Seven Pay Co., said the company will compensate users for the losses caused by fraudulent access.
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.
Japan Times
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.
BUSINESS / Companies
May 15, 2019
Alipay operator looks to promote partner apps in Japan
Ant Financial Services Group, the operator of Chinese mobile payment service Alipay, hopes to make it possible for users of its partner apps in Asia to make cashless payments in Japan, the company's top executive has said.
Japan Times
BUSINESS
Mar 29, 2019
Cash-obsessed Japan slowly buying into digital payment systems
Every few meters along a shopping street near towering Tokyo Skytree, signs with the words "PayPay used here" can be seen promoting the availability of an electronic payment option, an option that remains a relatively uncommon offering in cash-obsessed Japan.
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.
'So hot you can't breathe': Extreme heat hits the Philippines
A pedestrian cools himself with a folding hand fan as he waits for a ride along a road in Manila on Wednesday, as extreme heat hit the Philippines.
Did Japan intervene to prop up the yen? Analysts think it did.
A man walks past an electronic board displaying the exchange rate for the yen against the U.S. dollar (right) in Tokyo on Tuesday.
Town to block view of Mount Fuji in response to overtourism
The town government of Fujikawaguchiko, Yamanashi Prefecture, decided to set up a 2.5-meter-high screen to prevent tourists from taking pictures of Mount Fuji looming behind a convenience store.
Number of vacant homes in Japan hits record high of 9 million
A vacant house in Tokyo is seen demolished in January 2020.
Weak yen fattens tourist wallets in Japan
People visit the Ameya Yokocho market in Tokyo's Ueno district during the Golden Week holiday on Tuesday.
Kishida sets sights on energy and climate in South America trip
Prime Minister Fumio Kishida will use a policy speech in Sao Paulo to set out his vision for ties between Japan and South America, almost 10 years after former Prime Minister Shinzo Abe advocated for stronger ties between the two in the same city.
Yellow sand allergy: A health issue made worse by climate change
A screenshot of the Meteorological Agency's satellite image of clouds and yellow sand (in pink) on Sunday.
Climate change, chalky grains and the risks for Japan’s rice farmers
A farmer plants seedlings in Satsumasendai, Kagoshima Prefecture. Japan’s self sufficiency rate for rice is nearly 100%, compared with 38% for food overall, on a calorie basis.
Japan wants you to spend more with ‘luxury tourism’
Performers play a traditional drum unique to Wajima, Ishikawa Prefecture, in the prefectural capital of Kanazawa on March 16 to mark the extension of the Hokuriku Shinkansen line to Tsuruga Station in Fukui Prefecture.
Theaster Gates’ ambitious ‘Afro-Mingei’ brings Black Chicago to Tokyo
Theaster Gates' “A Heavenly Chord” lines up church pews before seven speakers and a Hammond B3 organ, a type of electric organ prevalent in Black American churches.

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