New payment technologies in Japan

Japan implements new payment technologies due to the tourism boom

According to Skift, Japan is experiencing a tourism boom, particularly through high net worth families from China. Many restaurants in Japan do not accept foreign digital payments, which led to lower F&B spendings. In cooperation with a huge network of restaurants Alipay Amazon Pay, Line, Yahoo Japan are implemented with the help of regional Japanese banks to attract high spending tourists from China, Europe, and the United States.