cashless
DG Financial Technology (DGFT), a subsidiary of Digital Garage, has implemented its shared QR code payment solution "Cloud Pay" in the "GT-4200", a newly released cashless parking payment machine by Amano Corporation, a major parking system company that accounts for approximately 60% of the domestic market
payments
The Financial System Council's Working Group on Payment Services has published its key findings and recommendations today. The report addresses emerging issues in the Japanese FinTech landscape, focusing on payment and settlement services, crypto-assets, stablecoins, and other related topics. It proposes several regulatory adjustments to balance innovation with
cashless
In December 2024, Payments Japan published its "Cashless Roadmap 2024", focusing on Japan's cashless payment trends, the activities of the Cashless Promotion Council, international comparisons, and progress toward the goals outlined in previous roadmaps. The report highlighted the growing adoption of cashless payments in Japan, while
cards
JCB International has launched a new JCB Panda Card in collaboration with Taiwan Rakuten Card. Taiwan Rakuten Card was established in 2014 with the approval of the Financial Supervisory Commission to enter the Taiwanese domestic credit card market, becoming the first e-commerce platform in Taiwan to issue its own credit
payments
Filipino travelers to Japan can now enjoy expanded cashless payment options at over 3 million merchants, thanks to a new collaboration between GCash, Alipay+, and PayPay. This partnership allows GCash users to seamlessly pay via QR code at a wide range of businesses, from bustling city centers like Tokyo and
CBDC
Waseda University released the fifth episode of its English language podcast series “Rigorous Research, Real Impact”, covering “Central Bank Digital Currencies from a Japanese Legal Perspective”. In the following, we have summarized Professor Takashi Kubota's insights on Central Bank Digital Currencies (CBDCs), focusing on the legal implications and
cashless
The Regulatory Reform Promotion Council held its 22nd session on December 25, 2024, and was reviewing its comprehensive interim report, which also included measures to simplify the rules for digital wage payments in order to promote a cashless society. Detailed discussion are to commence in the first half of FY2025,
CBDC
The Bank of Japan has published the minutes of the Eighth Meeting of the Liaison Council on Central Bank Digital Currency, held on November 25, 2024. Following the opening remarks from Director Kato, the Secretariat explained the progress status of the pilot experiment (Secretariat materials, pages 1-18). After that, the
CBDC
The second CBDC liaison meeting between the Bank of Japan and related ministries was held on December 2, 2024. The discussion focused on Central Bank Digital Currency (CBDC) data handling, privacy, and utilization.
japan
Digital Garage has launched "CurePort," an online payment service optimized for the medical industry, in joint operation with Resona. This initiative is based on the capital and business alliance between Digital Garage and Resona HD. Resona Group banks including Resona Bank, Saitama Resona Bank, and Kansai Mirai Bank
japan
JR East will progressively upgrade Suica's functionality over the next 10 years, transforming it into a digital platform as part of its mid-to-long-term business growth strategy, "Beyond the Border." Suica will evolve from a simple "travel device" to a "lifestyle device", seamlessly