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Japan finally embraces alternative payments

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 Insights

18-Jan-18 Japan's smartphone penetration exceeds 70% and households using e-money exceeded 50% in 2017. Now, analysts are expecting a 20% increase in cashless payments as the labour shortage and a tourist influx drive money to cards and phones. [image: Nikkei Asian Review]

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Sprint reveals first self-charging digital payment card

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 Insights

08-Jan-18 Sprint has come up with a battery-powered payment card which functions as a debit, credit, prepaid, multi-currency or loyalty card. Partnered banks Emirates NBD, Japan’s Sumitomo, Canada’s CIBC and India’s IndusInd are expected to launch the card in 2018. [image: Dynamics Inc]

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