In Japan, firms providing payment services operate under the Payment Services Act, with the Financial Services Agency (FSA) maintaining registers of licensed entities, including payment service providers and electronic money issuers. The JFSA publishes the list of licensed entities for public verification.
Tokyo merchants should distinguish Japanese-licensed processors from foreign processors operating cross-border without a Japanese licence. Cash remains widely accepted, so processor choice often depends on covering IC-card schemes, QR-code payments and credit cards together.
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Use the sourced market guidance above to evaluate providers directly with the national regulator and each provider before opening an account.
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