They also provide various things like health, car, and automobile insurance.
So you'd really expect a conglomerate of this size to have financial things down.
Anyone know of any decent babks over here? One I can withdraw cash without paying at a lot of locations would be preferable -.-
it’s getting insane here with all the stupid electronic payment services btw
Why is this app even needed? Is EMV contactless not a thing in Japan? Did 7/11 want to join the mobile pay bandwagon?
Not really, at least as we know it. Contactless in Japan is very popular, but doesn't use EMV. Most terminals in Japan use a Sony-derived standard called Felica (also known as NFC Type F), which is different to EMV (Type A and Type B). Felica is used both for transit systems (Pasmo, Suica, etc) and payments.
EMV readers do exist, but are typically used solely by international travelers and thus are commonly found at airports or restaurants. Square readers are quite popular for this purpose.
[1] https://twitter.com/shigezo/status/1146700322460463104
[2] https://twitter.com/shigezo/status/1146944325684621312 (the initial tweet had an error on this)
There's also been two arrests made, per ZDNet. Source: https://www.sankei.com/affairs/news/190704/afr1907040036-n1....