Japanese consumers slow to embrace digital payments

Japan may have a lot of tech-savvy consumers, but when it comes to payments, they haven’t embraced the new way of purchasing things. According to a report, which cited a study by Meiji Yasuda this past August looking at payment methods of Japan’s internet users in physical stores, close to 70 percent of consumers across every age group used cash mainly when purchasing something. The study found that it was more than double the percentage of Japanese internet users who typically pay via a digital payment method.  Read more: pymnts.com