Workers in Japan to be able to receive salaries via smartphones
Digital money options will make it easier to compensate foreign workers
Prepaid cards or mobile payments will help foreign laborers, who face hurdles when opening a Japanese bank account, access cash more safely and easily.
TOKYO -- Japan plans to let businesses pay their employees with electronic money, such as via smartphone apps or payroll cards, a move expected to help foreign workers who lack bank accounts.
The Ministry of Health, Labor and Welfare will make the necessary legal amendments as soon as next year, pushing the country one step further into the cashless age.
Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.
Celebrate our next chapterFind out more
Free access for everyone - Sep. 30