Edy gives cash a run for the money

Japan’s Daily Yomiuri reports on bitWallet’s Edy cards.

Edy uses integrated circuit cards that can transmit data simply by bringing an Edy card close to a reader, a process Miyazawa described as being much faster than that for credit cards. The same technology is used in East Japan Railway Co.’s Suica cards used to pay railway fares.

This site uses Akismet to reduce spam. Learn how your comment data is processed.