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Business trends

No cash here -- Japan finally embraces alternative payments

Labor shortage and tourist influx drive move to cards and phones

A staffer at restaurant chain Royal Holdings shows a customer how to operate the payment system at the company's cashless outlet, Gathering Table Pantry Bakurocho, in Tokyo’s Chuo Ward.

TOKYO -- A new restaurant that opened recently in central Tokyo's Chuo Ward does not want your cash.

At the establishment, with the unlikely name of Gathering Table Pantry Bakurocho, customers pay with e-money or credit cards using terminals provided by employees. Payments are quick and efficient, and the time the restaurant spends closing its till for the day is now 30 minutes shorter.

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