Are Mobile Payments Finally Ready To Ignite In Japan?
PYMNTS
AUGUST 15, 2019
Near field communication (NFC) technology was developed by Sony and NXP Semiconductors in 2002 and QR Codes were developed the Denso Wave company in 1994. Alipay reports its recent expansion into the Japanese market has seen a six-fold surge in retail adoption with more than 300,000 merchants there now accepting the mobile payment app.
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