Japan Post to Accept Cashless Payments by Time of Tokyo Olympics

Japan Post Co. plans to accept cashless payments for postcards and parcel deliveries at its post offices by early 2020. Currently, customers can purchase postcards and pay parcel delivery fees at post offices with only cash or stamps, while post offices in many other countries offer cashless settlement services.

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Japan Pushes Use of Cashless Payments as Olympics Approach and Banks Strain

Earnest efforts are underway in both the public and private sectors to promote cashless payments ahead of the 2020 Olympics.Credit cards, electronic money and other cashless systems account for 20 percent of all consumer payments in Japan, compared with 40 percent to 60 percent in the United States, European countries and China.

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