Trademagazin > News and articles > Market News > Japan is slowly running out of credit card combinations
Japan is slowly running out of credit card combinations
In Japan, since the start of the new type of coronavirus pandemic, credit card use has started to grow to such an extent that newly issued cards are slowly running out of possible combinations of code numbers – origo wrote. They need to find some solution to the situation, because this form of payment is likely to continue in the future.
According to the article of Guardian, the spread of electronic payments was helped by the Japanese government’s campaign launched in October last year, in addition to the changed consumer habits due to the pandemic and the increase in the general consumption tax from 8 to 10 percent. The campaign promotes cash-saving payments. (origo)
Related news
Hungarian premium foods are in the greatest demand in Japan
Agrármarketing Centrum organized a community appearance at one of the…
Read more >We are further strengthening our agricultural relations with Japan
The friendship of Japan and the agricultural market of the…
Read more >Yakult to shut factory in China
Yakult plans to move the operations of the Shanghai factory…
Read more >
More related news >
Related news
You can still save, but not on all margin-stopped products
Although the effect of the Hungarian price caps is starting…
Read more >More than 13 tons of donations were collected at the joint Easter campaign of NOE and CBA
More than 13 tons of donations were collected during the…
Read more >Alcohol-free era change: challenges and opportunities in the global beer industry
The European beer industry is facing geopolitical obstacles and new…
Read more >