INTERVIEW: Resona to Sell Cashless Platform to Regional Banks

Economy

Tokyo, Nov. 28 (Jiji Press)--Major Japanese bank group Resona Holdings Inc. <8308> plans to sell regional banks a cashless settlement platform for retail and restaurant businesses, President Kazuhiro Higashi has said.

With the platform, including settlement terminals at outlets, "Resona can make a foray into the market of regional banks while they can provide (settlement) services without development costs," Higashi said in a recent interview.

The holding company developed Resona Cashless Platform, which enables customers to settle their payments with credit card, electronic money and quick response, or QR, codes on a single terminal at the outlet. Resona started accepting orders from retailers, restaurants and others this month.

The company has received inquiries from around 10 regional banks, Higashi said, seeing a chance to develop collaboration with such lenders.

Higashi also referred to Resona Group App, launched in February, a smartphone app through which depositors can transfer money, buy investment trust funds and make other transactions.

[Copyright The Jiji Press, Ltd.]

Jiji Press