Japanese push for ATMs that take foreign cards

Japanese push for ATMs that take foreign cards
Tags: Bank / Credit Union, Cash Dispenser / Recycler / Acceptor, EMV, Networking / Connectivity
May 24, 2005

Japanese Times: The inability of most ATMs at Japanese banks to accept foreign credit cards has long irritated tourists and short-term foreign residents in a country where cash still plays a key role in everyday life.

Earlier this month, the American Chamber of Commerce in Japan urged the Financial Services Agency to open up Japan's ATM networks to other countries and, as a prerequisite, upgrade security to international standards.