Cashless Payments Spreading Gradually in Japan

Economy

Tokyo, Aug. 17 (Jiji Press)--The Japanese government faces a challenge to boost cashless payments including cards or electronic money to cash in on an expected rise in tourists from abroad toward the 2020 Tokyo Olympics and Paralympics.

Despite a traditional preference for bank notes and coins in the country, moves to introduce noncash payments are even slowly reaching beach shacks and local shops. The government will give a boost to the cashless movement with a reward point program to be introduced in line with the planned hike in the consumption tax rate in October.

Yuzo Hoshino, a self-employed worker from Tokyo's Shibuya Ward, noted the convenience of cashless payments when he ordered a glass of beer at Sail Hus, a beach shack in the town of Hayama, Kanagawa Prefecture.

"I'm glad that I don't have to touch a bill with a wet hand," Hoshino, 31, said.

This summer the shop introduced a payments system offered by TableCheck Inc., which allows customers to pay for food even without a card or a smartphone if they register a credit card number at the time of reservation.

[Copyright The Jiji Press, Ltd.]

Jiji Press