An expo on new-generation technologies that was held in Tokyo between from 
February 19-22, 2019, attracted 1,000 exhibitors and more than 65,000 visitors.

China is well ahead of the game, boasting years of experience, when it comes to 
cashless technologies. As both a leading and an exemplary provider of mobile 
payment software and hardware solutions in China, Inspiry showcased several 
payment devices based on its Smart Box at the expo. 

Visitors were taken aback when presented with a square while box that enables 
payment without a scanner or a POS machine and walked away duly impressed by 
the box's ease of use. 

Shoppers interact with the Inspiry Smart Box by scanning the QR-code generated 
by their e-wallets to complete the payment quickly and conveniently.

The Inspiry Smart Box has eliminated the time wasted having to make change as 
is the case for most cash transactions and is also much quicker than devices 
that read bankcards, vastly improving efficiency around the payment process. 
Data from Analysys showed that with a 70% share in its market segment, the 
Inspiry Smart Box has already become a fixture at the checkout counters of 
outlets at world-renowned brands such as KFC, 7-11, Burger King and CK.

Fujitsu and NEC, two leading payment device makers in Japan, expressed strong 
interest in the Smart Box. In addition to gaining widespread acceptance in 
restaurants, schools, public transportation facilities and healthcare 
institutions across China, the Smart Box is rapidly making its presence felt 
overseas, with a footprint in 20 countries and regions, most notably in 
Singapore, Australia, the US and several European countries. 

Although Japan remains a cash-based economy, the Japanese government and many 
service providers are actively promoting cashless payment to better service 
foreign tourists during the 2020 Tokyo Olympics. Advanced payment solutions 
from China are positioned to help Japan, as many government departments in the 
country are strongly committed to the advocacy of mobile payment, in that they 
see it as a way of accelerating industrial development. 

Inspiry founder and CEO Wang Yue said: "Japan's fintech industry is moving into 
to cashless. QR code-based payment will become the key to speeding up the 
efforts. With 17 years of experience in QR code application and payment, 
Inspiry is expected to facilitate cashless payment in Japan."

Jack 
+81-03-6416-9702
hujie@inspiry.jp

Source: Inspiry Japan Co., Ltd