High-tech cash: Japan launches banknotes with hologram portraits

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TOKYO, July 3 — Japan began circulating its first new banknotes in 20 years today, featuring three-dimensional portraits...

The step comes just as the economy moves into a growth-driven phase for the first time in three decades, he added.

Cashless payments in Japan have almost tripled over the past decade to make up 39 per cent of consumer spending in 2023, but still lag global peers and should rise to 80 per cent to boost productivity, the government says.

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Category: EconomyBusiness

Markets: MalaysiaJapan

Topics: Bank notes

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-03 @ 12:02:05 (2 days ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 545 words

Reading Time: 4 minutes read

Sentences: 16 lines

Sentence Length: 35 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Malay Mail

News ID: 21468916

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