Credit cards in Japan - statistics & facts
In contrast to its East Asian neighbors, Japan still prefers cash. Among several payment options, credit cards are the most popular non-cash alternative among Japanese consumers. While card-based payments are predominant in Japan’s growing cashless payment market, the popularity of other digital payment methods is on the rise. The gross transaction value of credit cards has been on an upward trend over the past decade, pushed by an increase in online shopping and the rise of cashless payments in general.
