The reason small and medium-sized stores are slow to adopt cashless payments is not transaction fees.
Dentsu Inc. conducted its second "Cashless Awareness Survey." This series will use the survey results to explore the current state of cashless adoption growth in Japan and the barriers hindering its advancement. This installment covers the slow progress of cashless adoption among small and medium-sized enterprises (SMEs) and the reasons behind it.
Yoshitomi Sairyo
Cashless Japan Survey 2021: Cashless Payment Drives Digital Transformation[3]