E-money gains further ground in Japan

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It's been a year since East Japan Railway decided to concentrate on getting more of its riders to use an electronic money system for everything from buying commuting tickets to purchasing magazines for the train ride. The system is easy enough to use, as riders buy a prepaid card that has a minimum balance of $18 (2,000 yen), which they swipe across the entry gate of the train station to board their ride. In addition, the card can be handed over to cashiers at newsstands operating inside the stations, so that riders can buy goods through the electronic money card.


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All News summaries for February 15, 2006

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