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Japan to review bank transfer fees

Friday 3 July 2020 10:28 CET | News

Japan’s government has announced plans to conduct a review of bank transfer fees.

This initiative is as part of a broader move to improve digital payment infrastructure, as part of this year’s growth strategy. The government will also focus on measures to make it easier for working people such as freelancers to take on extra jobs and improving rules of the country’s digital advertising market, according to Reuters.

The Council on Investments for the Future kicked off debate of 2020’s mid- to long-term growth strategy, which forms a pillar of the government’s economic policy framework.


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Keywords: bank transfer fees, banking, fintech, digitalisation, digital payment infrastructure, Japan
Categories: Banking & Fintech | Payments General
Countries: Japan
This article is part of category

Banking & Fintech