I'm glad the mask has finally came off from the other group of the MC/Visa duopoly and they're openly admitting that they're engaging in International Economic Terrorism.
This smells like violation of international treaties and the end result here will probably be Japan shunting VISA from the country entirely unless financial zaibatsu like Mitsui and Sumitomo are in on this.
Any alternatives are out of the question though, most Apple Pay style systems are region-locked. JCB already pulled out of the United States before the USA installed those laws for bankers/PPs to apply US law to foreign countries for financial transactions. So Japan will probably become isolationist over this stuff.
I'm glad the mask has finally came off from the other group of the MC/Visa duopoly and they're openly admitting that they're engaging in International Economic Terrorism.
This smells like violation of international treaties and the end result here will probably be Japan shunting VISA from the country entirely unless financial zaibatsu like Mitsui and Sumitomo are in on this.
Any alternatives are out of the question though, most Apple Pay style systems are region-locked. JCB already pulled out of the United States before the USA installed those laws for bankers/PPs to apply US law to foreign countries for financial transactions. So Japan will probably become isolationist over this stuff.