FamilyMart Eyeing Smartphone-Based Payment System

Economy

Tokyo, Dec. 27 (Jiji Press)--Major Japanese convenience store operator FamilyMart Co. will introduce a smartphone-based electronic payment system to its outlets across the country in July 2019, it was learned Thursday.

Through the cashless payment service, the unit of FamilyMart Uny Holdings Co. <8028> hopes to improve customer convenience and reduce burdens on shop employees. It also aims to develop new products based on the data on purchases to be accumulated in the service.

In the service, customers show barcodes displayed on their smartphones' screens to store clerks when they pay for their purchases. The employees will then read the barcodes.

The shoppers will pay the bills with credit cards or by precharging their smartphones with cash.

FamilyMart will grant to shoppers points from loyalty programs of other companies, including the T-Point system.

[Copyright The Jiji Press, Ltd.]

Jiji Press