It was recently announced that innovative technologies such
as cashless payments will be
introduced at the 2020 Olympics games in Tokyo. The financial firm behind this
has previously experimented with different solutions such as wearables at this international game
event. For next year’s edition, biometric authentication, mobile applications
and digitally-issued cards will be explored. This move is part of the ‘Cashless
Japan’ initiative conducted by the Japanese Government. This aims to
double digital payments to 40% of all transactions in the country by 2025.
Innovative
payment solutions will be implemented at the Olympics
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