Payment Services Act: The new Japanese regulatory framework for payment services

Takeshi Mori and Yasufumi Takahashi

Journal of Payments Strategy & Systems, 2010, vol. 4, issue 1, 67-72

Abstract: The Payment Services Act (PSA) was enacted in Japan in June 2009 and will come into effect in April 2010. The PSA establishes the regulatory framework for issuers of prepaid payment instruments including ‘electronic money’, non-bank providers of funds transfer services and central counterparties for funds transfer transactions. The legislation is expected to open up markets to non-bank payment service providers in Japan. This paper briefly provides an outline of the PSA.

Keywords: Payment Services Act; retail payment services; prepaid cards; non-bank payment institution; central counter party for inter-bank funds transfer; Zengin system (search for similar items in EconPapers)
JEL-codes: E5 G2 (search for similar items in EconPapers)
Date: 2010
References: Add references at CitEc
Citations:

Downloads: (external link)
https://hstalks.com/article/580/download/ (application/pdf)
https://hstalks.com/article/580/ (text/html)
Requires a paid subscription for full access.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aza:jpss00:y:2010:v:4:i:1:p:67-72

Access Statistics for this article

More articles in Journal of Payments Strategy & Systems from Henry Stewart Publications
Bibliographic data for series maintained by Henry Stewart Talks ().