Japan, Cashless Payments, Electronic Payments, Cash

Japan, Cashless Payments

In high-tech Japan, cash is still king

In high-tech #Japan, cash is still king


In high-tech Japan , cash is still king

[TOKYO] Once a pioneer in cashless transactions, Japan is now lagging behind as the world's biggest economies increasingly embrace electronic payments - because its ageing population still prefers physical money. Read more at The Business Times.

"The challenge from now on is how to motivate people" to change their habits, said Fukumoto.

The Japanese government is hoping to seize on a wave of tourists expected to flood in for the 2020 Tokyo Olympics to double the amount of electronic payments to 40 per cent by 2025.

Companies too are doing their best to promote a cashless society - earlier in the year, mobile company Rakuten started"100-per cent cashless" stadia for its baseball and football teams.

And Rakuten boss Hiroshi Mikitani is convinced that the future is cashless, even in Japan.

Read more: The Business Times

Hotels in Japan turn to uniquely Japanese elements to woo touristsTOKYO (THE YOMIURI SHIMBUN/ASIA NEWS NETWORK) - As the number of foreign visitors to Japan continues to surge, unique hotels featuring quintessentially Japan ese elements such as manga and robots have opened one after another.. Read more at straitstimes.com.

Blood and sport: The samurai slashing that brought rugby to JapanWhen 70,000 fans cram into Japan 's Yokohama stadium for the Rugby World Cup final, few will be aware of the area's rich rugby history which ...

Japan shrine for war dead vandalised by man claiming to be Chinese Japan ese police on Monday arrested a man claiming to be Chinese for throwing a black ink-like liquid on a curtain at one of the buildings of Tokyo's Yasukuni Shrine for war dead, the Metropolitan Police Department said. Japan 's neighbours see the shrine as a symbol of the country's former

Japan again approved shipment of photoresists to South Korea: YonhapSEOUL (REUTERS) - Japan has approved shipment of a high-tech material to South Korea for the second time since imposing export curbs last month, Yonhap News Agency reported late on Monday (Aug 19), citing industry and government officials.. Read more at straitstimes.com.

Japan Inc backs PM Abe's tough trade stance on South Korea amid row: PollTOKYO (REUTERS) - Japan ese companies broadly support Prime Minister Shinzo Abe's tough trade stance against South Korea, a Reuters poll found.. Read more at straitstimes.com.

Japan Inc backs Abe's tough trade stance vs South Korea amid row: Reuters poll Japan ese companies broadly support Prime Minister Shinzo Abe's tough trade stance against South Korea, a Reuters poll found.

Write Comment

Thank you for your comment.
Please try again later.

Latest News


21 August 2019, Wednesday News

Previous news

OCBC in talks with Singtel about virtual bank license, say sources

Next news

33 units at Parklane Shopping Mall up for sale with S$55.7m indicative price
Previous news Next news