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Economy

Mizuho's digital currency to take on payment rivals next month

Financial company brings power of 56m accounts across 60 banks to crowded field

Mizuho's J-Coin Pay payment platform will let users put money in their bank accounts without paying a fee.
Mizuho's J-Coin Pay payment platform will let users put money in their bank accounts without paying a fee.
YOHEI HIROSE, Nikkei staff writer | Japan

TOKYO -- Japan's Mizuho Financial Group will launch its digital currency service March 1 under plans announced Wednesday, leveraging direct links to users' bank accounts to fight off outside players in the heated market for cashless payments.

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