Japanese Credit Card Market Potential

success stories jap cc market potential bg image

Case Study

Japanese Credit Card Market Potential

Japan has one of the lowest credit card penetration rates among developed countries to the point it can be said it is a cash society. The Japanese government has thus been supporting the development of the credit card industry through various policies in order to stimulate consumption and eventually transform the economy into a cashless society. Through these efforts, it is expected that around 190 companies will accelerate the development of new systems in the credit card and installment finance industry.

Cashless Payments and Trend Forecast in Japan

Bankware Global is supplying the H-ALIS solution, a “next-generation” card system owned by Hyundai Card, to small and medium Japanese credit card companies and card business consignees. H-ALIS has been fully localized to the Japanese market accurately meeting local credit card business and regulatory requirements. It can be delivered as a solution on premise, ASP or in the cloud.
With its target of securing more than 10 customers in Japan over the next 5 years, Bankware is cultivating the market together with Buerger, a local credit card consulting firm, and GMO-PG, the number one digital payment company in Japan.

Disclaimer: This article has been translated from its original language for the convenience of our readers. While every effort has been made to ensure accuracy, please note that translations may not fully capture the nuances and subtleties of the original text. Any discrepancies or inaccuracies are unintentional. Readers are encouraged to refer to the original source for complete and accurate information.

Browse All Success Stories

Explore how K-Bank successfully implemented Bankware's core banking system as Korea’s first internet-only bank.
Discover the implementation of Bankware's core banking system at LINE Bank, Taiwan's first internet-only bank.
Learn how Bankware's BX AFS facilitated a 50% growth in auto finance assets through innovative solutions.

Get in Touch with Bankware

For questions, inquiries or concerns, please contact us by email at contact@bankwareglobal.com or fill out the form here.