Credit cards were the leading payment method in the Japanese cashless smart payment market in 2020, with business-to-consumer transactions estimated at 75.6 trillion Japanese yen. While debit card payments were forecasted to increase to 12.5 trillion yen by 2027, the market share of prepaid card payments was projected to decline.
Forecasted value of the cashless smart payment market in Japan from 2020 to 2027, by type
(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, by type (in trillion Japanese yen) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1027012/japan-smart-payment-market-size-by-type/
Nomura Research Institute. "Forecasted value of the cashless smart payment market in Japan from 2020 to 2027, by type (in trillion Japanese yen)." Chart. December 17, 2021. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1027012/japan-smart-payment-market-size-by-type/
Nomura Research Institute. (2021). Forecasted value of the cashless smart payment market in Japan from 2020 to 2027, by type (in trillion Japanese yen). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1027012/japan-smart-payment-market-size-by-type/
Nomura Research Institute. "Forecasted Value of The Cashless Smart Payment Market in Japan from 2020 to 2027, by Type (in Trillion Japanese Yen)." Statista, Statista Inc., 17 Dec 2021, https://www.statista.com/statistics/1027012/japan-smart-payment-market-size-by-type/
Nomura Research Institute, Forecasted value of the cashless smart payment market in Japan from 2020 to 2027, by type (in trillion Japanese yen) Statista, https://www.statista.com/statistics/1027012/japan-smart-payment-market-size-by-type/ (last visited November 21, 2024)
Forecasted value of the cashless smart payment market in Japan from 2020 to 2027, by type (in trillion Japanese yen) [Graph], Nomura Research Institute, December 17, 2021. [Online]. Available: https://www.statista.com/statistics/1027012/japan-smart-payment-market-size-by-type/
