One of the most tech-savvy countries in the world, Japan, wants to go cashless. Despite its numerous technological innovations, the payment market is still very much focused on cash. Reuters reports that cash is still King in Japan, even more so for the country's fast-ageing population. The elderly are still deeply reluctant to give cash up. Prime Minister Shinzo Abe is
Yamato partners with ZigZag Global for returns in Japan
ZigZag Global, a software solution to help e-commerce retailers manage returns domestically and globally, have become the first returns management solution to partner with Japanese market leader Yamato Transport. Yamato provides collections directly from consumer’s doors all across Japan, with its reach more recently stretching across the rest of Southeast Asia and
EU and Japan create free trade zone
On February 1st, 2019, a free trade agreement between Japan and the European Union came into force, covering almost one-third of the world's economy, reports dw.com. With the agreement, almost all tariffs on trade between the EU and Japan have been removed. It can save European companies billions of euros in duties each year. With the new deal, duties are no longer to be
Trade deal EU and Japan clears hurdle on way to 2019 start
According to Reuters, plans of the European Union and Japan to form the world's largest free trade area cleared a significant hurdle when EU lawmakers specializing in trade backed a deal that could enter force next year. The European Parliament's international trade committee voted in favor to clear the deal for a final vote set for December 13th. When the agreement comes into
Online mobile transactions in Europe up to 44%, APAC to 51%
A research by Criteo concludes that transactions completed on the smartphone are rising globally. Northern Europe and Japan are growing in particular. In these regions, mobile transactions now represent over half of the online transactions. According to the research, the top 3 is formed by Sweden (60%), Norway (57%), and the United Kingdom (55%). The data is based on an