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Accepting payments in Japanese

     
11:33 am on Feb 19, 2004 (gmt 0)

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Can anyone tell me if there is any easy and cheap way to accept payments in Japanese language, in Yen.
Any Ideas welcome!
12:48 pm on Feb 19, 2004 (gmt 0)

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What is the average unit of sale worth?
Does it need to be real time?

Peace,
Kaz

1:10 pm on Feb 19, 2004 (gmt 0)

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Doesnt need to be real time, average payment very high above 500USD but I am not expecting more than couple of transaction per month.
If paypal could have Japanese user interface that would be just perfect. But they think they are international so probably it will take them a while to realise.
Maybe some WW user will folow up on this as a business idea?
1:17 pm on Feb 19, 2004 (gmt 0)

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Hi

I used to make regular shipments to Japan, our preferred method of receiving payments was by bank transfer.

Karl :)

3:44 pm on Feb 19, 2004 (gmt 0)

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Hmmm...

if your amounts are high and volume low, I think bank transfer is one of the easier ways to go about it.

You could set up an account with an international bank like citybank or a Japanese bank that has branches in the US. That would make it easier for your customers to pay you.

I dont know if JapanNetBank allows overseas signups but that would be an ideal option too. Japanese customers could then do a transfer from their regular Japanese account, and you could control it online.

In my experience, selling high priced products in Japan, particularly if its a B2B product, bank transfer tends to be far more popular than credit cards.

Of course, overseas bank wire is possible too however some customers may balk if they don't feel a high trust factor in regards to sending the money overseas.
Otherwise, if its a great offer and looks trustworthy, whilst not as convenient as a local bank account, overseas wire is not such a big hurdle.

peace,
Kaz

2:25 am on Feb 20, 2004 (gmt 0)

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If memory serves, lukasz is in Japan, so the best option is the one everyone has already mentioned, bank transfer. Although this isn't as instantaneous as some of the other methods available to the English speaking Internet user, I don't see many Japanese looking at this method of payment as a burden. They seem to expect it, particularly for larger purchases.
10:52 am on Feb 20, 2004 (gmt 0)

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Probably Bank transfer is the best method however it is always nice to have an alternative method.
I looked at JapanNetBank about a year ago, but I remember that the set up cost was high, commision were high, and they have this terrible end user agreement saying that they will kick you out if you dont stick with their guidelines, yet they keep the guidlines secret.
4:41 am on Mar 11, 2004 (gmt 0)

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I got an email from a company called Net Protections, that offer postal, bank, credit card, and convienence store payments.
It actually seems to also be a backend payment and product tracking system.

Costs: 5% of product sale price + 190yen for sending the bill in the mail to the customer

From what I could understand, (japanese)
Customers payment preferences if choosing between the three:
Convenience Store: 75%
Postal Giro: 20
Bank: 5%