Tag: Japan Cashless payments

Japanese bank to roll out facial recognition ATMs to customers

L. Green
Facial recognition ATMs - ATM Machine

Seven Bank and NEC Corporation have teamed up to bring the identify verification tech to ATMs. Japanese bank Seven Bank is providing its customers with facial recognition ATMs, which will be enabled with the identity verification technology and a QR (quick response) code reader for document authentication and payments. NEC Corporation, the Japanese multinational provider of information technology services and products, has provided the tech that’s been integrated into the machines. The NEC technology is part of the company’s Bio-Idiom portfolio of biometric authentication technologies. The facial recognition ATMs will…

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Japan continues to turn to QR code mobile payments to encourage cashless transactions

Amanda Giasson
QR Code mobile payments - Square cashless payments system

QR code payments greeted baseball fans in Japan at Eagles stadium in the spring. QR code mobile payments are increasing in Japan as the country seeks to find new ways to encourage more cashless transactions. When Japan’s baseball season started in the spring, fans of the Tohoku Rakuten Golden Eagles were surprised to find food, beverage and merchandise stalls were cash-free. This was done in an effort to promote QR (quick response) code digital payments. What began as a marketing ploy by the baseball team’s owner evolved into something more…

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New QR code security system in Japan to help boost cashless transactions in the country

Jesse Collins
QR code security system - CGTN America YouTube

Electronic payments have been slow to expand in Japan. A new QR code security system is in the works that could help cashless payments take off in Japan. The country wants to increase its number of digital transactions to not only reduce the number of cash transaction, but to also make it easier for the government to collect taxes with better efficiency. Japan wants to increase total digital payments of all transactions to 40% by 2025. In Japan, cashless payments have been slow to take off, with 80% of people…

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QR codes payment tech increasingly adopted by Japan to cater to Chinese tourism

Jennifer Goula
QR Code ad - Wall of QR codes

Japan is making an effort to adopt the preferred payment method of their most frequent visitors. Cashless payments are huge in China and now Japan is focusing on incorporating QR codes payment tech into more of its businesses that attract its growing number of Chinese tourists. This is a big step as currently most of the nation’s restaurants and operators of activities and attractions do not accept the preferred payments of Japan’s largest foreign tourist population. QR codes are quickly overtaking other payment options in Japan. Credit cards with computer…

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