The smart payment market in Japan, comprised of electronic payment methods like credit, debit, and prepaid cards, as well as electronic money, was estimated at approximately 98.5 trillion Japanese yen in 2020. The market size based on electronic business-to-consumer transactions was forecasted to reach around 136.6 trillion yen in 2027.
Forecasted value of the cashless smart payment market in Japan from 2020 to 2027
(in trillion Japanese yen)
The smart payment market is defined as the transaction value of B2C business transactions using electronic payment methods. Including transactions by foreign visitors to Japan. It includes debit card payments and payments using mobile applications from bank accounts, but does not include manual bank transfers like online banking. QR code and barcode settlements were categorized into credit, debit, and prepaid, focusing on the settlement methods used by users and settlement providers.
100 Japanese yen equal 0.74 U.S. dollars or 0.70 euros as of December 2022.
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Nomura Research Institute. (December 17, 2021). Forecasted value of the cashless smart payment market in Japan from 2020 to 2027 (in trillion Japanese yen) [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/1027003/japan-smart-payment-market-size/
Nomura Research Institute. "Forecasted value of the cashless smart payment market in Japan from 2020 to 2027 (in trillion Japanese yen)." Chart. December 17, 2021. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1027003/japan-smart-payment-market-size/
Nomura Research Institute. (2021). Forecasted value of the cashless smart payment market in Japan from 2020 to 2027 (in trillion Japanese yen). Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/1027003/japan-smart-payment-market-size/
Nomura Research Institute. "Forecasted Value of The Cashless Smart Payment Market in Japan from 2020 to 2027 (in Trillion Japanese Yen)." Statista, Statista Inc., 17 Dec 2021, https://www.statista.com/statistics/1027003/japan-smart-payment-market-size/
Nomura Research Institute, Forecasted value of the cashless smart payment market in Japan from 2020 to 2027 (in trillion Japanese yen) Statista, https://www.statista.com/statistics/1027003/japan-smart-payment-market-size/ (last visited December 30, 2024)
Forecasted value of the cashless smart payment market in Japan from 2020 to 2027 (in trillion Japanese yen) [Graph], Nomura Research Institute, December 17, 2021. [Online]. Available: https://www.statista.com/statistics/1027003/japan-smart-payment-market-size/
