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bjl1583038 : Japan bets on mobile payments to boost spending

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  • Japan bets on mobile payments to boost spending (2019-07-05)
  • A scheduled increase in the sales tax to 10% from 8% in October could hurt spending. Aware of that risk, the government is betting big on mobile payments, an industry only just taking root in Japan. As soon as the tax increase kicks in, the government will offer points redeemable for future discounts to shoppers who use QR codes and other cashless payments for nine months.    Photo by Imaginechina
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