
Cashless Payments in Japan: 5 Prominent Platforms
As the global digital economy is expanding, cashless payment platforms in Japan are making their way into everyday life all around the world. Advantages include the ability to simplify payment sending and receiving process, a shrinking grey economy, a boom in e-commerce, and a sharp reduction in fraud. A study by BCG has concluded that more cash-intensive economies tend to grow slowly and therefore miss out on significant financial benefits.
