Japan is a unique market in terms of payments. Despite being the world's third largest economy, Japan remains a cash-dominant country, ranking third among developed countries for cash usage rates. In 2018, cash payments accounted for 82% of all payments.
Although cash and e-commerce might seem incompatible, Japan's e-commerce market ranks fourth globally. This is largely thanks to convenience store payments (Konbini). Konbini is Japan's second most commonly used payment method, accounting for 10% of total purchases. With 24-hour convenience stores遍布 throughout Japan, Konbini payments provide an easy way for e-commerce to tap into the cash market.
Japan has one of the lowest cross-border shopping rates in the world. Only slightly more than 10% of Japanese consumers shop on overseas websites. Therefore, if you are considering entering the Japanese market, localization may be a key factor for success. This includes aspects such as your product listings, keywords, and payment options you offer.
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Popular payment methods
Paidy
Paidy is commonly used for cash payment payments in JP.
- Payment type
- Cash Payment
- Buyer coverage
- JP
- Payment currency
- JPY
- Refund
- Partial refund
Pay-easy
Pay-easy is commonly used for cash payment payments in JP.
- Payment type
- Cash Payment
- Buyer coverage
- JP
- Payment currency
- JPY
- Refund
- Partial refund
merPay
merPay is commonly used for digital wallets payments in JP.
- Payment type
- Digital Wallets
- Buyer coverage
- JP
- Payment currency
- JPY
- Refund
- Partial refund
Konbini
Konbini is commonly used for online to offline payments in JP.
- Payment type
- Online to Offline
- Buyer coverage
- JP
- Payment currency
- JPY
- Refund
- Partial refund
PayPay
PayPay is commonly used for digital wallets payments in JP.
- Payment type
- Digital Wallets
- Buyer coverage
- JP
- Payment currency
- JPY
- Refund
- Partial refund
Au Pay
Au Pay is commonly used for digital wallets payments in JP.
- Payment type
- Digital Wallets
- Buyer coverage
- JP
- Payment currency
- JPY
- Refund
- Partial refund
Japan
Country code
JP
Currency code
JPY
Currency unit
¥ JPY