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NHK News Requests Payment Business Operators to Thoroughly Implement Safety Measures by Reducing Points | NHK News

2019-09-06T14:44:03.246Z

The Ministry of Economy, Trade and Industry (METI) gathered payment operators such as credit card companies before the pointless system for cashless payments started next month…



Requesting payment operators to implement thorough safety measures by returning points Ministry of Economy, Trade and Industry September 6, 23:37

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Before the pointless system for cashless payments begins next month, the Ministry of Economy, Trade and Industry will hold a gathering of payment operators such as credit card companies to ensure thorough security measures and apply for stores participating in the system. Asked to hurry.

In the cashless payment point redemption system starting next month in line with the increase in the consumption tax rate, cashless payments at small and medium-sized stores will receive up to 5% of points.

At the meeting held at the Ministry of Economy, Trade and Industry on the 6th, executives from 31 major payment operators such as credit card companies participating in the system gathered.

In this, the person in charge of the Ministry of Economy, Trade and Industry requested payment operators to make every possible preparation, including thorough security measures so that consumers can use cashless payment with peace of mind.

In addition, in order for stores to participate in the system, they must apply through a payment operator, but we requested that the application be advanced promptly, as there were cases where procedures were delayed.

President Ichiro Nakayama, the operator of the payment service “PayPay” using smartphones that attended the meeting, “Companies and the country will work together to deal with fraud countermeasures, such as compensation for users and member stores when problems occur. Because this is important, I would like to cooperate and lead to the success of the business. "

Source: nhk

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