In the fiscal year 2023, the credit card market in Japan was estimated at around 99.5 trillion Japanese yen. The market was forecast to increase to over 158 trillion yen by fiscal 2028. Credit cards are the leading cashless payment method in Japan. Driven by the government's promotion of digital payments and the coronavirus (COVID-19) pandemic, the share of cashless payments has steadily increased in recent years.
Size of credit card market in Japan from fiscal year 2020 to 2022 with a forecast until 2028
(in trillion Japanese yen)
fiscal years 2020 to 2022; the Japanese fiscal year starts on April 1 of the stated year and ends on March 31 of the following year
Special properties
based on the shopping gross transaction value at credit card companies (issuers); excluding the acquiring transaction value
Supplementary notes
*Prospect.
**Forecast.
Figures include credit card transactions of domestic cardholders in offline and online shopping in and outside of Japan. Based on the shopping gross transaction value at credit card companies (issuers). Excluding the acquiring transaction value.
100 Japanese yen equal 0.65 U.S. dollars or 0.6 euros as of November 2024.
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Yano Research. (February 19, 2024). Size of credit card market in Japan from fiscal year 2020 to 2022 with a forecast until 2028 (in trillion Japanese yen) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1381021/japan-credit-card-market-size/
Yano Research. "Size of credit card market in Japan from fiscal year 2020 to 2022 with a forecast until 2028 (in trillion Japanese yen)." Chart. February 19, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1381021/japan-credit-card-market-size/
Yano Research. (2024). Size of credit card market in Japan from fiscal year 2020 to 2022 with a forecast until 2028 (in trillion Japanese yen). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1381021/japan-credit-card-market-size/
Yano Research. "Size of Credit Card Market in Japan from Fiscal Year 2020 to 2022 with a Forecast until 2028 (in Trillion Japanese Yen)." Statista, Statista Inc., 19 Feb 2024, https://www.statista.com/statistics/1381021/japan-credit-card-market-size/
Yano Research, Size of credit card market in Japan from fiscal year 2020 to 2022 with a forecast until 2028 (in trillion Japanese yen) Statista, https://www.statista.com/statistics/1381021/japan-credit-card-market-size/ (last visited December 22, 2024)
Size of credit card market in Japan from fiscal year 2020 to 2022 with a forecast until 2028 (in trillion Japanese yen) [Graph], Yano Research, February 19, 2024. [Online]. Available: https://www.statista.com/statistics/1381021/japan-credit-card-market-size/
