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…
Read MoreNew QR code security system in Japan to help boost cashless transactions in the country
