The mobile payment penetration rate in Japan is less than 30 .

Mondo Technology Updated on 2024-03-07

In Japan, the main payment methods include cash, credit cards, e-wallets, and mobile payments, which is different from what most people think in developed countriesThe combined penetration rate of all mobile payments in Japan is less than 30%, and credit cards are the most common payment method.

Japan is a cash-based society, in small and medium-sized shops and ordinary restaurants, you can't see *** payment, the Bank of Japan issued banknotes with a denomination of 1,000 yen, and another yen coinage.

Credit cards are most accepted in large retail stores, high-end restaurants, and star-rated hotels in Japan's metropolitan areas, with the main credit cards accepted in Japan including Visa, Mastercard, and JCB.

E-wallets are becoming more common in cities like Tokyo, Osaka, Nagoya, etcThe most common prepaid IC cards are Suica and PASMO, which are mainly used for public transport, but can also be used in some stores and vending machines.

Paypay launched by Japan's SoftBank Group is equivalent to WeChat in China, and 30% of Japanese people use this software to buy goodsThe popularity of LINE Pay is also good.

If you plan to live in Japan for a long time, you should consider getting a Suica or Pasmo card so that you can use electronic payments, which you can get at most train stations or subway stations and top up directly with cash or credit card, the Bank of Japan only exchanges business from 9 am to 3 pm, and the bank is closed on Saturdays, Sundays, and major holidays! Japan

Related Pages