Financial Cards and Payments in Japan - New Study Released
In 2014, card payments continued to see strong growth in value terms. Whilst Japanese consumers remain largely cash-reliant, cash transactions continued to decrease with more transactions made via cards. Credit cards and pre-paid cards are the two categories which led the growth of card payments in 2014. As consumers seek economic benefits and convenience, the two card types gained popularity and rapidly increased in both number of cards in circulation and transactions. In most cases, these...
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