Households' usage of e-money Japan 2022, by number of users

In 30.8 percent of households in Japan, one family member was using electronic money in 2022. That year, an average of around 65 percent of the surveyed households had at least one member using e-money.

What is electronic money?

In Japan, the term electronic money usually refers to a prepaid means of cashless payment. E-money is a contactless payment method based on NFC technology, which can be used via smartphones or IC smartcards. The first e-money smart card in Japan was issued in 2001. Next to retail companies and payment service providers, many public transportation companies have introduced their own e-money cards for the collection of transportation fees.

The spread of e-money in Japan

In Japan, prepaid smarts cards are accepted at convenience stores and other shops, and can be used to pay for vending machine products and public transportation fees. There is a growing number of e-money terminals available in Japan, offering consumers the opportunity to pay cashless.
Although the average amount of money spent per electronic money transaction excluding transportation fares has been relatively small, the annual value of transactions with e-money has grown significantly over the past decade.