Japan Cards And Payments Market

Japan Cards and Payments Market Report (2024 to 2029)

Market Data Forecast’s "Japan Cards And Payments Market" report offers a distinct range of possibilities in the market of payment cards along with the accurately validated statistics of operational cards in the market and their total transactional values. It suggests profitable marketing strategies considering the competitive landscape in the market, purchase trends, payment options in online trade and significant government frameworks impacting the overall payment card market of Japan.

Our report kindles the hidden opportunities with dependable information about different types of cash transactions, volumes of cardholders, market proportion, current accounts, increase within the number of cards, credit cards outstanding balances, transactional values, details of the issuers at the side of available banking schemes and futuristic analysis of overall cards and payment marketplace in Japan.

Japan Cards and Payments Market – Key Highlights:

The idea of the use of advanced technologies like visible light palm authentication biometric process by companies like JCB in partnership with Universal Robot and the National Institute of Advanced Industrial Science and Technology with the help of a smartphone to capture the patterns of palm and store in the server to match during the transactions and return the results.

The increasing prominence of alternative payments in the Japanese market like QuickPass, launched by UnionPay and Sumitomo Mitsui Card company allowing customers to pay at almost 100 merchants in Tokyu Plaza Ginza by tapping. Other alternative methods include Andriod Pay of Google introduced in partnership with Japan's Rakuten Edy, and Apple Pay providing contactless payment solutions with cards stored in their wallet.

New products by payment solution providers with more security features like replacing PIN by fingerprint authentication in the F-Code Payment card developed by JCB and France-based IDEMIA, and the upcoming Sumitomo Mitsui and US-based Dynamics company's partnered credit card with locking ability along with touch-activated buttons, LCD display, and LED lights.

The list of Companies mentioned in this report are:

• Japan Post Bank
• Sumitomo Mitsui Financial Group
• Mizuho Financial Group
• Mitsubishi UFJ Financial Group
• Resona Holdings
• Rakuten
• Credit Saison
• Aeon Credit Service
• JCB

Key Questions Answered by the report:

• What is the market size of the Japan Cards and Payments market?
• What are the major operators and issuers in Japan?
• What is the current state of emerging payment technologies?

Reasons to Purchase this report:

• Track key industry trends, opportunities and threats related to the Japan cards and payments industry and each market within it.
• Gain insights into the competitive landscape of card issuers for both, debit cards and pay later cards.
• Gain insights into marketing strategies used by market players for various card types in Japan.
• Gain insights into key regulations governing the Japan cards and payments market