Japan stores returning to cash-only mode to combat rising prices- some stores are saving 20 million yen a year by skipping credit card fees and other digital service fees
Japan stores returning to cash-only mode to combat rising prices- some stores are saving 20 million yen a year by skipping credit card fees and other digital service fees
I guess that also helps me save money by not having any cash…
Tokyometal on
I wouldn’t be surprised if this picks up speed.
Training-Chain-5572 on
Japan should look at what EU is proposing and build their own processor. Fuck VISA and Mastercard for their monopoly-like position, abandon them.
Slight_Dark9430 on
How much does Paypay or IC card companies charge?
ihop7 on
This is why Brazil built Pix, their own payment platform created by their central banking authority. Japan should do the same
BioDioPT on
I usually only use credit card for online shopping, local stores and restaurants I’ve been using cash only.
silentorange813 on
The fees paid to credit card companies is pretty insane from the store perspective. You essentially need to raise prices, unfairly punishing those who pay in cash.
7 Comments
I guess that also helps me save money by not having any cash…
I wouldn’t be surprised if this picks up speed.
Japan should look at what EU is proposing and build their own processor. Fuck VISA and Mastercard for their monopoly-like position, abandon them.
How much does Paypay or IC card companies charge?
This is why Brazil built Pix, their own payment platform created by their central banking authority. Japan should do the same
I usually only use credit card for online shopping, local stores and restaurants I’ve been using cash only.
The fees paid to credit card companies is pretty insane from the store perspective. You essentially need to raise prices, unfairly punishing those who pay in cash.