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Taxis go cashless: Nihon Kotsu to reward customers with 5% payback

※This is a machine-translated text of the original article.

On February 11 2020, Nihon Kotsu Co Ltd announced that it would commence measures for “cashless payment reward scheme” implemented by Ministry of Economy, Trade and Industry at about six thousand taxis centered on Tokyo and Osaka.

The company responded this time because it expects this service to contribute to increasing convenience for foreign visitors to Japan and capturing demand amid the simplification of cash management and an increase in inbound demand, and also crime prevention.

If taxi fares are paid by cashless method, customers will receive a 5% return.

To support cashless payment, Nihon Kotsu has integrated JapanTaxi app into its services, and has installed self-service payment terminals in its cars.

The proportion of cashless taxis already accounts for more than 60% of Nihon Kotsu’s taxis in Tokyo, and it is expected that cashless taxis will continue to increase in the future.

The target period for cashless consumer returns is February 11, 2,020 to June 30 2020.
Point redemption stickers are posted on the subject vehicles, and the payment methods are credit cards, electronic money, transportation ICs, and payment apps.

Original Text: https://ampmedia.jp/2020/02/10/japankotu/

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