Report Description
Compared to markets like China and India where A2A payments via mobile apps have become ubiquitous, Japan has seen slower adoption. During the panel, legacy banking infrastructure, regulatory constraints, limited use cases beyond P2P payments, and a highly fragmented payments landscape were all cited as factors tempering growth. However, the confluence of recent FinTech innovations, changing consumer behaviours, and emerging open banking frameworks is creating new tailwinds for A2A.