Early-Career Scholar Forum

The Switch to Cashless Payments: Evidence from Japan’s Point Reward Program

日時
Friday, 18 June 2021 | 12:15 - 13:00 (JST)
会場
Zoom Webinar
言語
English
登壇者
  • Toshiaki Shoji Assistant Professor, Faculty of Economics, Seikei University
司会
  • Sawako Shirahase TCJS Director
イベント概要

This paper uses credit card transaction data and examines the impact of Japan’s point reward program for cashless payments. The main findings are as follows. First, the program increased the payment amount by 48-64 percent and the number of card users by 16-18 percent. Second, these impacts persisted even during the COVID-19 outbreak in April and May 2020 and after the program (in July 2020). Third, the program had larger impacts on firms that introduced payment machines after the program started than those already had payment machines.