Wednesday, August 06, 2003

Japan Post to issue cards adopting Sony's Edy e-money system

Japan Today reports:

TOKYO — Japan Post and the Sony Corp group will jointly issue postal savings cards compatible with Sony's Edy electronic money system, starting Aug 11, the operator of the system said Monday.

The postal card will enable users to pay for products by holding the card over a reading device installed at convenience stores and other retailers, Sony Finance International Inc said.