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Seven-Eleven Japan to scrap hacked mobile pay service in September

Convenience giant says it faces insurmountable security and brand hurdles

The 7-Eleven chain's big push to go cashless was stymied almost as soon as it began. (Photo by Takayuki Yao)

TOKYO -- Seven & i Holdings' new mobile payment service, hacked days after its July launch, will be terminated at the end of September.

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