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Japan's 3 Megabanks to Stop Issuing Paper Bills and Checks

Japan's 3 Megabanks to Stop Issuing Paper Bills and Checks

   Tokyo, Sept. 5 (Jiji Press)--Japan's three megabanks are expected to stop issuing paper bills and checks in fiscal 2025, with customers seen shifting to electronic payments and bank remittances.
   Sumitomo Mitsui Banking Corp. said Thursday that it will completely end the issuance of paper bills and checks at the end of September 2025. It has already stopped issuing paper bills and checks to new account holders.

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AFP-JIJI PRESS NEWS JOURNAL


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