Japan is one of the oldest societies in the world. Despite being an island country it has shaped the global economy with innovations throughout history. Japan is an island country on the east coast of Asia. Japan consists of four islands Honshu, Hokkaido, Kyushu, and Shikoku and you have definitely heard of the famous capital city Tokyo. Japan has been known for its breathtaking nature and advanced technology in every area beyond our era. Japan literally lives in 2050. Both nature and urban landscape are framing the future. Tokyo is full of amazing skyscrapers and traditional Japanese architecture that melds the ultramodern with the traditional.
In Japan the culture is incredibly rich and Japanese people are extremely committed to their customs, traditions and history yet they blend this commitment with the modern world. They are known for their unique discipline and strong sense of community. If we would like to describe Japanese person characters in three words, they would be punctuality, attention to detail and perfectionism. Despite these strict rules, Japanese also enjoy the simplicity in life and find peace in minimalism. Without a doubt Japanese people expect these traits in their environment or when they give or receive any kind of service.
If you are planning to visit Japan we recommend you to try delicious Japanese food. Traditional Japanese cuisine is very popular. We can observe the uniqueness of Japanese culture in its cuisine. Japan’s service area is very strong and contributes to the country’s economy a big share. While Japan has been adapting to cashless payments in recent years, some restaurants and shops, especially smaller businesses and boutiques, still require cash payments.
Public transport networks are a big part of daily life in Japan. Japan has the best bullet train network in the world which revolutionised modern transportation. Japanese people use travel cards, in other words cashless payments on this cost. We strongly recommend you to get a digital payment method before you visit Japan so you won’t need to think about your spendings instead you will enjoy your time in this unique country.
There is a reason behind Japan’s global reputation as a technological powerhouse. Japan is home to some of the most innovative companies and groundbreaking advancements in fields like robotics, artificial intelligence, automotive engineering, and electronics.
The Japanese economy is highly developed. It is the fourth largest economy in the world.
In 2023 Tokyo ranked as the twenty-first largest global financial centre after New York, London, Singapore, Hong Kong, San Francisco, Los Angeles, Shanghai, Chicago, Boston, Seoul, Washington D.C., Shenzhen, Beijing, Paris, Sydney, Amsterdam, Frankfurt, Munich, Luxembourg, and Zurich. In 2016, Japan’s central bank, the Bank of Japan (“BOJ”), established a FinTech centre to promote the sector’s sustainable growth with careful consideration of digital currency. Since then BOJ has been growing steadily. Also the Japanese government has been encouraging global investments from all around the world.
In recent years, Japan has been pushing to use less cash and embrace digital payments. The shift towards cashless transactions has been rapid, doubling since 2018. This process accelerated with Covid-19. During the pandemic, people started to use only digital platforms.
With recent advancement in the country, Japan has become a very attractive market for digital payment providers from all over the world. The country offers a secure banking infrastructure thus most providers work smoothly on this market. Also digital banking has been developing very fast in Japan. Traditional Japanese banks already started their digitalization journey with Covid-19. Cryptocurrency and blockchain technologies are also other alternatives preferred in Japan. Cryptocurrencies are legal in Japan. Japan has local regulation. The Payment Services Act defines “crypto-assets” as payment methods that are not denominated in fiat currency and can be used to pay unspecified persons. There are no restrictions on owning and investing in cryptocurrencies.
Under current Japanese regulations, crypto falls under the “miscellaneous income” section which means Japan’s crypto tax could reach up to 55% depending on personal income. Meanwhile, profits earned from stock trading receive a maximum tax rate of 20% under Japanese law. This information is valuable if you are planning to reside or invest in Japan.
The main cashless payment methods that are preferred currently are Transit or Travel Cards, Credit Cards, Electronic Cash Cards, QR-Code Based Payment Apps and Smartphone Payments (Apple Pay, Google Pay) connected to digital banks.
One popular tool that has proved itself in this transition is Jeton, which thousands of Japanese people are already using all across the country. Jeton’s infrastructure is very well adapted to Japan’s banking network. Offers such as fast transactions with low cost fees Jeton enable users to pay on hundreds of websites and send money internationally quickly and affordably. Jeton symbolises Japan’s move towards easier and more connected financial transactions, blending innovation with convenience.
How to Send Money to Japan with Jeton
Introducing Jeton: Your digital gateway to seamless banking! With Jeton’s online platform, you can kiss goodbye to the hassle of visiting brick-and-mortar banks. Simply whip out your smartphone and let Jeton’s app handle everything – from depositing money to making purchases. Doesn’t matter if you live in Japan or just visiting Jeton meets all your financial transaction needs. You can send or receive money without hustle with Jeton.
But that’s not all! Jeton’s lightning-fast transfer speeds mean you can send money to anyone, anywhere, quicker than you can say “cashless convenience.” And the best part? It won’t break the bank, with fees that are a fraction of what you’d pay with traditional banking methods. If you have a business operating in Japan, Jeton is the best payment solution for your business.
There are some important points that you need to consider before sending money abroad with Jeton. We offer the best exchange rate on the market, you can compare our rates. Low cost and fast transactions will help you save time and money.
How to Use Jeton in Japan: A Step-by-Step Guide
So why wait in line when you can bank smarter, faster, and cheaper with Jeton? Whether you want to use Jeton for your personal transactions or business purposes Jeton is a secure and reliable digital payment platform that aims to meet all your needs. Download the app today and experience the future of finance, right at your fingertips! There are a few simple steps to follow:
Download the Jeton App: If you haven’t downloaded the Jeton app yet, head to your smartphone’s app store and download the Jeton app. It’s available for both iOS and Android devices. Jeton app have a unique yet very efficient design. You can personalise your account once you are all set.
Sign Up: Once the app is downloaded, open it and follow the prompts to sign up for an account. You’ll need to provide some personal information, such as your name, email address, and phone number, to create your account. Please follow the instructions, if you have any questions you can check the FAQ page for support.
Verify Your Account: Jeton may require you to verify your identity for security purposes. This usually involves submitting a photo of your ID or passport and possibly additional documents. After verifying your email address or phone number, you can complete ID verification. Please read carefully all instructions in order to simplify this process.
If you are registered and fully verified, now you are ready to use your Jeton account to make transactions across Japan.
Deposit Funds: To start using your Jeton account, you’ll need to deposit funds. There are several ways to do this:
Credit/Debit Card Transfer: Link your credit or debit card to your Jeton account and transfer funds directly. You can instantly transfer money from your credit card or debit card. Just follow these simple steps: Go to the Deposit section in your Jeton account. Select the card you want to use, enter the CVV code (card security code) and click on Next. Indicate the amount you want to add. Don’t forget to choose the purpose of deposit after that click on Next and a page with summary of your deposit will be displayed. That is it, with Jeton it is easy.
Japan Bank Transfer: Transfer money from your Japanese bank account to your Jeton account using the provided bank details. Jeton offers instant bank transfers. Log in to your Jeton account. Go to the deposit section and click on it. Go to instant bank transfer and click continue and enter the deposit amount that you want to transfer. You will now be redirected to instant banking select your bank from the list. You will be redirected to your bank’s website
Login to your online banking account then confirm the amount to be deposited to your account. Once you complete this section you will receive a confirmation.
Cryptocurrency: If you prefer, you can deposit cryptocurrency, such as Bitcoin, into your Jeton account. After you login your Jeton account, choose the deposit option where you will be offered a dozen of different cryptocoin options. Indicate the amount of cryptocurrency you want to deposit and choose your preferred fiat currency, either USD or Japanese Yen. Click to continue and confirm your transaction, once you complete the transaction you will receive a notification that your funds have been successfully transferred to your Jeton account.
Personalization: Jeton offers different personalization options. You can set your notifications to track your spending habits or to see if your transactions have been received correctly and on time. Jeton app is very user friendly and provides the best experience to users. Jeton app is easy to navigate and comes with various supported language options.
User friendly interface: The simple yet efficient design of Jeton’s services caters to users of all technical backgrounds, making online payments accessible to a wide audience. The app is compatible with all types of smartphones, tablets and similar devices. Jeton interface is very comprehensible and easy to navigate.
Customer Support: Jeton provides 7/24 customer support no matter where you are. You can contact customer support via email or live chat option within the app. If you are looking for a quicker solution you can always visit our blog page where you can find answers for frequently asked questions.
Using Jeton in Japan
Once your Jeton account is funded, you gain the ability to seamlessly send and receive money. Whether transferring funds to other Jeton users or making online purchases, the process is swift and straightforward. Should the need arise to withdraw funds, Jeton offers the convenience of bank transfers, with the possibility of opting for a faster VIP bank transfer for larger withdrawals. Jeton is one of the most preferred payment methods available in Japan.
After downloading the app and creating your account, connect it with your phone. Then you are good to go. As long as you have access to the internet you can use your Jeton account for all types of transactions in Japan.
Additionally, Jeton equips users with an array of tools to manage their accounts effectively, including access to transaction history, account settings, and responsive customer support. We know that security is very important for our users. To ensure the security of your account, Jeton emphasises the importance of using strong passwords, enabling two-factor authentication, and remaining vigilant against potential phishing attempts.
With these measures in place, users can confidently navigate their financial transactions with Jeton in Japan, knowing their accounts are safeguarded, and their financial needs are met efficiently.
Jeton will accompany you for all types of cashless payment needs in Japan. Wherever you travel across Japan, or just daily use, Jeton will ease your transactions. From recurring payments for your personal or business expenses to sending or receiving money both locally and globally while you are in Japan.
Jeton offers an intuitive, user-friendly interface that simplifies transactions no matter where you are. With Jeton, you’re not just conducting transactions; you’re embracing a smarter way of managing your finances.
Sign up for a Jeton account now and get the most benefit of the digital payments in Japan!
