October 10, 2013

Contactless payments take off in Japan, Japanese customers to get PayPass enabled point of sale terminals as MasterCARd rolls out 410,000 terminals over next three years

"MasterCard plans to deploy a target of 410,000 NFC contactless enabled point of sale (POS) terminals for MasterCard PayPass in Japan over the next three years....The early adoption and penetration of contactless payments in Japan ahead of other countries saw transactions amounting to over 2 trillion yen in 2011, according to the Bank of Japan. Contactless payments continue to expand at a rapid rate, in part due to the increased use of NFC payments"

Source: MasterCard to deploy 410,000 NFC contactless payment terminals in Japan over next 3 years
Japan Today
JUN. 11, 2013 

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