Japan’s Credit Card System Crashes Nationwide—Are Stablecoins Waiting in the Wings?

Credit Card System

Japan experienced a major payment disruption on July 16, 2026, leaving customers unable to use credit cards at convenience stores, supermarkets and other merchants across the country. The trouble reportedly began around 8 a.m. and affected transactions processed by Mitsubishi UFJ NICOS and Sumitomo Mitsui Card. Credit-card functions connected to Mobile Suica and Mobile Pasmo … Read more

Digital cross-border payment leader PingPong deepens its partnership with JCB

cross-border payment

To date, the fintech specialized in cross-border payment has established direct partnerships with all six leading credit card schemes. HONG KONG, June 20, 2022 /PRNewswire/ — PingPong, a leading digital cross-border payment provider, recently entered into a direct partnership with JCB, whereby its Hong Kong-based merchants will be able to receive online payments from JCB cardholders worldwide. With this … Read more