UnionPay International has announced that its credit cards would be accepted at all 12,000 FamilyMart stores in Japan starting 2 February 2016.
Following this deal, UnionPay credit cards are accepted at all the three major chain convenience stores in Japan, namely Lawson, 7-ELEVEn and FamilyMart, accept UnionPay cards.
Go deeper with GlobalData
The UnionPay card allows cardholders to make PIN-free payment for purchases less than JPY10,000.
In Japan, UnionPay cards are now accepted at nearly 80,000 ATMs and about 400,000 merchants. The company’s acceptance footprint in the country covers major cities like Tokyo and Osaka.
The Chinese card company also revealed that it is expanding to several second- and third-tier cities of Japan. It is also eyeing several merchant categories such as accommodation, traffic, catering and entertainment.
According to data, five million Chinese tourists visited Japan in 2015, with an average spending of 16,000 Yuan per person.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
