Japan is an island nation in East Asia. Located in the Pacific Ocean, it lies to the east of the Sea of Japan, China, North Korea, South Korea and Russia, stretching from the Sea of Okhotsk in the north to the East China Sea and Taiwan in the south. Link to external site : Website for Japan |  |
| Wallets | |
| Development | Developed |
| Send or Receive |
Send Register/Log In |
| GDP ($m) |
4,384,254.85 Register/Log In |
| HDI classification | Very High |
| Mobile Connections (m) |
128.220 Upgrade to Bronze |
| Currency | JPY |
| Class | |
| CountryISO | JP |
| Sovereignity | Country |
| Territory of | - NA - |
{"type":"GeoChart","data":[["Country","Population(m)","Rank"],["JP",127.771,10]],"options":{"title":"Countries","region":"JP","displayMode":"regions","colorAxis":{"minValue":0,"maxValue":1500,"colors":["yellow","green","red"]}}}
{"type":"PieChart","data":[["Operator","Connections"],["NTT DOCOMO",58869090],["au (KDDI)",33665859],["SoftBank Mobile",26839890],["Willcom",3666039],["EMOBILE (eAccess)",3654500],["Rest ( 1 )",1525000]],"options":{"title":"Connections","is3D":true}}
{"type":"ColumnChart","data":[["Year","Connections"],["Q4 2000",58110484],["Q4 2001",67113374],["Q4 2002",73460485],["Q4 2003",79745007],["Q4 2004",85430225],["Q4 2005",90175537],["Q4 2006",94936100],["Q4 2007",100524900],["Q4 2008",105825300],["Q4 2009",110617300],["Q4 2010",116215834],["Q4 2011",120670719],["Q4 2012",124173076],["Q4 2013",126889957],["Q4 2014",128998346]],"options":{"title":"Connections"}}
| Channel Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["ATM",1],["Location",1],["Mobile",11],["Web",1]],"options":{"title":"Initiatives ( 12 of 12 )"}} |
| COT Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["",1],["Bank",7],["MNO",5],["PSP",2],["TechWeb",1]],"options":{"title":"Initiatives ( 12 of 12 )"}} |
| Persona Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["LP",2],["MB",2],["MMT",1],["MP",2],["MPOS",1],["MT",1],["NFC",2],["OT",1]],"options":{"title":"Initiatives ( 12 of 12 )"}} |
| Products |
{"type":"ColumnChart","data":[["Category","Initiatives"],["Anon",1],["Card",1],["DC",1],["DMT",1],["DW",1],["IMT",3],["LP",3],["MB",1],["MM",1],["MP",7],["MPOS",1],["NFC",3],["Paybymobile",1]],"options":{"title":"Initiatives ( 12 of 12 )"}} |
| PI Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["Account",4],["Card",9],["Cash",1],["NFC",3],["Wallet",3]],"options":{"title":"Initiatives ( 12 of 12 )"}} |
| Central Bank | |
| Key Regulations | |
| Type of law |
Civil Upgrade to Bronze |
| Legal System |
Civil law system based on German model; system also reflects Anglo-American influence and Japanese traditions; judicial review of legislative acts in the Supreme Court Upgrade to Bronze |
| Law is based on |
Modeled after European (primarily German) civil law system. Japanese civil code of 1895. Upgrade to Bronze |
| Approach |
Ex Ante Upgrade to Bronze |
| Sectors active in Digital Money | |
| Exclusivity | |
| Certainty | |
| Openness | |
| Proportionate? | |
| Allowed Models |
Bank Led Upgrade to Bronze |
| DominantModel |
Jointly Led Upgrade to Bronze |
| E-Money |
E-money allowed for non-banks as per cpss Upgrade to Bronze |
| Payment | |
| Agent | |
| Money Transfer |
Doc 5 says no, but
Doc 85: Japan is a market that was until very recently dominated by commercial banks. It has the highest average total cost of all G8 countries. With the passing of a new Payment Services Act in late 2009, non-bank RSPs were allowed to participate in transmitting remittances. July 2010: Under the country's new Act Concerning Settlement of Funds, non-banks are now allowed to conduct money transfer services. We are the first money transfer provider authorized to offer global cash-to-cash transfers in Japan under a new law regulated by Japan's Financial Services Agency. Upon regulatory approval, Travelex is expected to become our first Agent. |
| Taxation |
{"type":"Gauge","data":[["Label","Value"],["Mobile Penetration",87.43],["Banked",90],["Internet",74],["Urban",66],["Adult",86],["Literate",99]],"options":{"scaleHeight":0.5,"min":0,"max":100,"redFrom":76,"redTo":100,"yellowFrom":26,"yellowTo":74}}
| Population m | 127.77 |
| Adult % | 86.00 |
| Migrants % |
2.00 Register/Log In |
| Stock Immigrants ('000) |
2,176.20 Upgrade to Bronze |
| Emigration Rate % | |
| Internal Migrants ('000) | |
| Internal Migration Rate % | |
| Intl Movement Rate % | |
| Urban % | 66.00 |
| Female % | 54.00 |
| Literate % | 99.00 |
| Annual Growth % |
| Mobile Penetration % | 87.43 |
| Banked % | 90.00 |
| Access to FS % | 0.00 |
| Internet % | 74.00 |
| Branches per 100k adults | 20.46 |
| ATMs per 100k adults | 0.00 |
| POS per 100k adults | 0.00 |
| Prepaid % | 2.40 |
| Prepaid SIM Registration | |
| MobileUnbanked (m) | 11.17 |
| Monthly ARPU |
56.81 Upgrade to Bronze |
| Cards 2010 ('000) | |
| Propensity % |
| Overall | |
| Population | |
| On Remittance Sent | |
| On Remittance Received | |
| Mobile Unbanked | |
| Migrant % | |
| MP % | |
| Banked % | |
| Development |
| Can Provide Payments? | |
| Can Market under Brand? | |
| Can issue E-Money? | |
| Can Open Customer Account? | |
| Can Own Customer? | |
| Can do Cash In/Cash Out? | |
| Can offer Domestic Money Transfer? | |
| Can offer International Money Transfer? |
| Importance for Digital Money | |
| Digital Money Adoption |
Mainstream Upgrade to Bronze |
| Registered Wallet Users |
13,000,000 Upgrade to Bronze |
| Top Wallets |
Osaifu Keitai Upgrade to Bronze |
| Informal Market | |
| Cost To Remit | |
| Key Players |