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Cash registers to have cash withdrawal capability from April 2018

20 Comments

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About damn time! Japan has ALWAYS been behind the times when it comes to giving access to our money. ATM's SHOULD be 24/7, and this service SHOULD have been here a long time ago.

Probably be another decade before it hits Okinawa.

-1 ( +2 / -3 )

Yeah, this is only a 15+yrs old service in other countries.

And those poor ATMs, they need a holiday too... what?? I could never work that one out, still better than it used to be.

Don't know why internet banking is still often delayed until a business day though.

0 ( +2 / -2 )

Maybe Japanese banks could also stop charging customers to use ATMs on evenings weekends. This is a "service" that has been available around the world for a long time

My bank's ATM charge a convenient "handling fee" of 150 yen per use "after hours"

-2 ( +0 / -2 )

Such a service began 30years ago in Australia - eftpos.

For such a techno country in many areas, Japan's glacial embrace of technology in the financial/banking/money services fields is just straight out mystifying.

0 ( +1 / -1 )

Don't care about it. I just want to be able to pay with credit card everywhere!

-1 ( +1 / -2 )

My bank's ATM charge a convenient "handling fee" of 150 yen per use "after hours"

Yeah but is it 24/7?

0 ( +0 / -0 )

Whenever I'm at home paying for something they always ask me if I want cash. Having lived in Japan for a long time I am so confused, there is another service they can offer me that does not require going to an ATM within a certain time period to have access to my cash! When I tell people that we had "interac" in Canada 30 years ago where you could buy using your ATM card for a small fee they don't or won't believe me. Why is banking such a dinosaur here in Japan! The 2020 Olympics are going to be a big wake up call for the banks when most tourists head either to 7/11 or the post office to withdraw money.

-1 ( +0 / -1 )

Japan, welcome to the 1990s. They've had this in the UK for well over 20 years - it's called cashback.

As everyone says, Japanese banks could progress to the 20th century by actually making ATMs work 24/7, and without the charges. And it's pretty insulting to have millions in the bank account, and then get 1 yen in interest.

-2 ( +0 / -2 )

Who needs cash in the groceries now a days? All those POS machines take credit cards. This is completely useless and will increase more time waiting to pay.

0 ( +0 / -0 )

I still dont get why people stick with the main banks here, who charge you money to withdraw your cash except for in a small time period on weekdays. I am very sure this new service will not be free either.

Shinsei bank gives you free withdrawals 24/7, and access to your money from most ATMs/Combinis for free as well. You also get free internet transfers every month, and multi-currency accounts.

0 ( +0 / -0 )

Who can i "fax" to congratulate this technological break through? Hold on fax....

0 ( +1 / -1 )

afanofjapan, Unfortunately not all of us are lucky enough to have a Shinsei bank near them. I have heard that it is one of the most foreign friendly banks in Japan, but we don't have anything like that where I live.

1 ( +1 / -0 )

Unfortunately not all of us are lucky enough to have a Shinsei bank near them. I have heard that it is one of the most foreign friendly banks in Japan, but we don't have anything like that where I live.

Shinsei is essentially an online bank. While they do have branch locations, they are extremely few and far between. Instead, they have an online banking system (with full English), and phone banking (also with full English). I believe you can sign up by mail as well, though their site isn't loading for me right now, so I can't confirm that they still do that.

0 ( +2 / -2 )

Yubaru Today 07:20 am JST About damn time! Japan has ALWAYS been behind the times when it comes to giving access to our money. ATM's SHOULD be 24/7, and this service SHOULD have been here a long time ago.

Probably be another decade before it hits Okinawa.

What do you mean ATMs should be 24/7? At least in Tokyo there are ATMs in almost every conbini which makes them 24/7. I have never had a problem of finding ATM anytime of the day or night. Shinsei, SMBC and some others offer free withdrawals anytime of the day or any day of the week (depending on your bank balance). That includes most conbini ATMs.

0 ( +0 / -0 )

The best place to cash is your bank where you keep money, Suppose several people cashed out before you and the money in register does not have enough you want to,withdraw.

0 ( +0 / -0 )

Sharp is a Japanese company. Remember?

0 ( +0 / -0 )

As everyone says, Japanese banks could progress to the 20th century by actually making ATMs work 24/7, and without the charges. And it's pretty insulting to have millions in the bank account, and then get 1 yen in interest.

Everything in Japan rotates around companies rather than the populace. Strange to have a service that benefits consumers instead of the banks or companies. It is more insulting to not be able to receive your retirement benefit tied down in 401K until you hit 60 meanwhile the banks are using it provide loans at high interest rates. Crazy country.

-1 ( +0 / -1 )

Wow! In the UK, you can text money to people now. The cashback technology is so old, very few people use it now.

-1 ( +0 / -1 )

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