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.