Now that card payments have been replaced by simple payments, why is Japan still using so much more

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EBS Documentary

Published on Sep 15, 2023
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“If you carry cash in your wallet, you can quickly see how much you spent in a day.” “As for the current ratio, cash is about 70%, and credit cards and simple payments are about 30%.” Now that simple payments have become more popular than card payments, why is Japan still using so much more cash? Experts also say that the preference for cash in an era of low growth is the cause of the acceleration of economic recession. Japan has also come up with a plan to provide a 5% point payment to encourage the use of simple payments. Why do they still choose the convenient path and pursue the use of cash? ✔ Program name: Documentary Prime Part 3 of Central Banks in the Age of Chaos - Currency and the Future of Central Banks Broadcast date: 2020.06.10 #DocumentaryPrime #Japan #JapaneseEconomy #Cash #CashUse #SimplePayment #ElectronicTransaction #CashValue #MoneyValue #Prices #InterestRate #Economy #EconomicDocumentary #JapaneseDocumentary #CentralBank

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