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Talking Japanese Culture, Season 1, Lesson 18 –
Top 5 Things You Need to Know About Electronic Money in Japan
[INTRO]
Hello, and welcome to JapanesePod101.com.
I’m Eric.
In this lesson we will talk about the ​"Top 5 Things You Need to Know About Electronic Money in Japan".
===
The first topic  (on the list) is about prepaid IC cards 
and a technology called Felica (J: Ferica).
Felica is the name of contactless IC card 
technology developed by Sony, and it is 
essential for any e-money cards in Japan. 

Some of the popular cards with Felica technology 
include “Suica” which can be used as a fare 
card on train and bus lines, and also as e-money for shopping.
Prepaid e-money cards such as “Rakuten Edy” (J: Rakuten Edi) and 
“WAON” (J: Waon) are also widely used. 

In Japan, most of the latest mobile phones are also 
compatible with the Felica payment system, in what isknown as the mobile wallet function (J: o-saifu kētai).
===
The next topic (on the list) is about the five most 
popular e-money cards.

As of July 2014, the “Rakuten Edy” card, (J: Rakuten Edi) issued by 
Japan’s biggest online shopping mall operator, 
stood at the top of Japan’s e-card industry with 
70 million cards in circulation. 
The “Suica” (J: Suika) came in second, followed by 
“WAON” (J: Waon) and “PASMO” (J: Pasumo).

 The fifth was “nanaco” (J: Nanako), which can be used at Seven 
&I Holdings-owned stores such as 7-Eleven 
convenience stores and Ito-Yokado shopping 
centers.
But the monthly usage statistics show that “nanaco” 
has been used the most, meaning that “nanaco” 
users most often use e-money.
=== 

The next topic (on the list) is about the most popular
e-money card, the “Rakuten Edy” (J: Rakuten Edi).
This prepaid card, provided by Rakuten, has been 
attracting many users because the card can be 
integrated with a credit card, and can also be 
synchronized with the “mobile wallet” function on 
Android mobile phones.

The Edy card holder can also convert points they 
earn from their Rakuten loyalty point program 
into e-money.
===
The next topic (on the list) is about Suica (J: Suika) and 
Pasmo (J: Pasumo).
The “Suica” prepaid e-money card, issued by JR
East railway company, is widely used among the
younger generation. The card is also popular
among commuters using JR or subway lines.
Another charge card called “Pasmo” can also be used for trains, subways, and buses in the greater Tokyo area. Just like Suica, you can use the Pasmo as a commuter pass with or without your name printed on it.
===
The final topic is about two of the remaining top five -- the “WAON” (J: Waon) and “Nanaco” (J: Nanako) e-money cards .

The “WAON” card is issued by the shopping mall 
operator Aeon Retail, and there are some 30 
million such cards in circulation.
The card, with a cute dog printed on, is popular 
among women as they can use the card in 
shopping malls and earn loyalty points.
Another e-money card, “nanaco”, is issued by Seven and I Holdings, and has a cute giraffe printed on it.
===
That’s all we have for this lesson.
Japan is still is a cash-based country, but e-money is becoming increasingly more popular. Do you use e-money, or plan to get an e-money card?
Leave us a comment and let us know!
Thanks for listening and we’ll see you next time. Until then, bye!

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4 Comments

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😄 😞 😳 😁 😒 😎 😠 😆 😅 😜 😉 😭 😇 😴 😮 😈 ❤️️ 👍

JapanesePod101.com Verified
November 7th, 2015 at 06:30 PM
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Do you use e-money, or plan to get an e-money card?

JapanesePod101.com Verified
May 5th, 2016 at 09:57 PM
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J Yamazaki san, Dhen san,

Konnichiwa.:smile:

Thank you for your posts.

If you have any questions, please feel free to ask us.

Yuki 由紀

Team JapanesePod101.com

Dhen
April 22nd, 2016 at 10:24 AM
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Thank You for sharing this useful information :thumbsup:

J Yamazaki
April 21st, 2016 at 11:44 PM
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We've used Suica the alst two times we were in Japan. Very useful!