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Japan

Japan has been notably slower than other Asian countries to move away from cash use. Plans are underway, however, to introduce a system whereby salaries can be paid digitally, without the need for a bank account, in the hopes of encouraging the population to embrace a cashless future

Japan flag

Population

125,681,593

Banked Population:

98.49%

Group 427321246

Main industries

Agriculture, Manufacturing, Fishing, and Tourism

Group 427321247

Main imports

Crude Petroleum & Petroleum Gas, Integrated Circuits, Broadcasting Equipment, and Computers

Group 427321248

Main exports

Cars, Integrated Circuits, Motor Vehicles (parts & accessories), Machinery, and Photo Lab Equipment

GDP stats

$39,312.7

Per capita (USD)

1.7%

Growth annually

3

World ranking

Internet usage

90%

Smartphone usage

65.9%

Cash Usage

50%

Group 427321245 1

Total volume of digital payments projected to reach

 $325.6B (USD)

Payment Methods in Japan

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  • P2C

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