In 2020, the debit card market in Japan, based on the value of business-to-consumer (B2C) transaction services, was estimated at approximately 3.6 trillion Japanese yen. As a part of the electronic smart payment market in Japan, the debit card market was forecasted to grow to around 12.5 trillion yen by 2027.
Forecasted value of the debit card payment market in Japan from 2020 to 2027
(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.
1 Japanese yen equals 0.0087 U.S. dollars or 0.0076 euros as of January 2022.
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Nomura Research Institute. (December 17, 2021). Forecasted value of the debit card payment market in Japan from 2020 to 2027 (in trillion Japanese yen) [Graph]. In Statista. Retrieved January 28, 2022, from https://www.statista.com/statistics/1026983/japan-debit-card-market-size/
Nomura Research Institute. "Forecasted value of the debit card payment market in Japan from 2020 to 2027 (in trillion Japanese yen)." Chart. December 17, 2021. Statista. Accessed January 28, 2022. https://www.statista.com/statistics/1026983/japan-debit-card-market-size/
Nomura Research Institute. (2021). Forecasted value of the debit card payment market in Japan from 2020 to 2027 (in trillion Japanese yen). Statista. Statista Inc.. Accessed: January 28, 2022. https://www.statista.com/statistics/1026983/japan-debit-card-market-size/
Nomura Research Institute. "Forecasted Value of The Debit Card Payment Market in Japan from 2020 to 2027 (in Trillion Japanese Yen)." Statista, Statista Inc., 17 Dec 2021, https://www.statista.com/statistics/1026983/japan-debit-card-market-size/
Nomura Research Institute, Forecasted value of the debit card payment market in Japan from 2020 to 2027 (in trillion Japanese yen) Statista, https://www.statista.com/statistics/1026983/japan-debit-card-market-size/ (last visited January 28, 2022)
