Points reduction ended Cashless fixation is a challenge to reduce the burden on the store June 30 4:09

The cashless payment point reward system will end in 30 days. Although there were some effects in the spread of cashless, how to reduce the burden on the store side has become a challenge for the establishment of cashless.

The cashless payment point return system is a system in which small and medium-sized stores can receive up to 5% of cashless payments such as credit card and smartphone QR codes.

It will be implemented for 9 months from October last year when the consumption tax rate was raised, and will end in 30 days.

The number of participating stores was 1.15 million, much higher than initially expected, and the amount returned to users was 353 billion yen by mid-April, and METI has a certain effect on the spread of cashless and support for consumption. There was.

On the other hand, what many participating stores are concerned about is the increase in payment fees paid by the stores.

During the period, the upper limit of fees was held at 3.25%, but according to the Ministry of Economy, Trade and Industry, 40% of about 400 major settlement companies plan to increase fees after July 1st. ..

Fees for small and medium-sized stores are around 5 to 7%, which increases the burden on the store side, so it is expected that there will be cases where cashless payments will be discontinued.

Payment fees in Japan are higher than those in overseas, and how to reduce the burden on the store side, including the review of the way fees are handled, will become an issue for the establishment of cashless.