Shoppers outside Uniqlo in Tokyo. Photo: Reuters

In Japan’s ageing society, elderly are determined to resist the push towards cashless payments

  • Tokyo wants to double the ratio of cashless settlements to 40 per cent by 2025 and to 80 per cent eventually to spur labour productivity
  • However, Japanese households hold more than half of their assets in cash and deposits and that proportion rises with the elderly
Topic |   Japan

TOP PICKS

Shoppers outside Uniqlo in Tokyo. Photo: Reuters
READ FULL ARTICLE