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

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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QR code tracking system helps safely return dementia patients home

QR code tracking - elderly man

Japan is helping to keep people with dementia safe. The country has one of the oldest populations in the world and a new QR code tracking system could help to keep those among the elderly with Alzheimer’s and other forms of dementia safe, by making these individuals easier to locate if they should wander off. Wearable barcode badges are distributed to dementia patients and their caregivers. It is estimated that by the year 2035, senior citizens will make up one-third of Japan’s population. With this growing elderly population comes an…

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

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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Cellum reaches QR code mobile payments deal with Deloitte Touche Tohmatsu

QR code mobile payments - Handshake Deal

The mobile transaction solutions company headquartered in Hungary is partnering with the Japanese giant. Cellum Group has signed an agreement with Deloitte Touche Tohmatsu LLC to launch a new QR code mobile payments service. The idea is to bring the quick response code based transactions into Japan with more widespread success. Cellum, a mobile transaction solutions company, signed the deal with one of Japan’s largest professional services firms. The two companies want to overcome the hurdles of QR code mobile payments and create a mainstream service within the country. A…

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QR code based payments next up for Japanese banking coalition

QR code based payments - Yen symbol

A new quick response code system for mobile transactions will be ready by the end of March. A Japanese megabank coalition is moving forward with a new QR code based payments system. The system will be ready by the end of March. That said, the whole thing won’t roll out until the 2019 fiscal year. The coalition is composed of three very large and powerful banks headquartered in the country. The three banks making up the coalition are Sumitomo Mitsui Financial Group, Mizuho Financial Group, and Mitsubishi UFJ Financial Group.…

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