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Japan Post Bank to scrap its cashless payment service over security flaws Sorry, but your browser needs Javascript to use this site. If you re not sure how to activate it, please refer to this site: https://www.enable-javascript.com/
Japan Post Bank President Norito Ikeda speaks during a news conference in Tokyo on Friday. | KYODO
Jiji Jan 9, 2021
Japan Post Bank will scrap its cashless payment card service due to major security flaws and launch a new service around spring 2022, its President Norito Ikeda said Friday.
Ikeda also announced that he will voluntarily return 10% of his monthly pay for three months to take responsibility for fraudulent transfers of customer deposits using the service, known as mijica.