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Are Mobile Payments Finally Ready To Ignite In Japan?

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Included in Japan’s cashless by 2027 plan is doubling the ratio of card and e-money transactions from there within the next eight years in the eventual hopes of building what Prime Minister Shinzo Abe has called a “$1tn-plus cashless market.”. PayPay And Signs Of Mobile Acceleration. That is up from about 50,000 merchants in spring of 2018.

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