Cashless payments top 40% of consumer spending in Japan

japantimes.co.jpPublished: 5/21/2025

Summary

Cashless payments, including those made via credit cards, electronic money, and QR codes, have become a major trend in Japan, now accounting for over 40% of personal spending. This shift reflects a growing preference for convenience and comfort with digital transactions, as people increasingly carry little to no cash when they go out. However, challenges such as unauthorized payments and potential service disruptions during disasters still need attention.