Japan's new banknotes spell pain for small firms

Japan's new banknotes spell pain for small firms
Japan began circulating its first new banknotes in 20 years on Wednesday (July 3), and while the notes feature technology to beat counterfeiters, they also spell trouble for thousands of small firms forced to do costly upgrades to payment machines. Julian....
#Japan releases new currency after 20 years with anti-counterfeit technology.
#Approximately 7.5 billion banknotes will be printed this fiscal year.
#Small eatery owners in Tokyo, like noodle shops, must upgrade payment machines, posing financial burdens.
#Upgrading cash registers for card payments proves costly, exceeding budgets of small businesses.
#Around 80% of drink vending machines need upgrades, while most ATMs and train ticket machines are already prepared.
#Cash register manufacturers like Elcom are under pressure to meet rising market demands.
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[@angelcabeza6464]

Instead of using that ticket machines idk how it is in Japan but uh the US small business can go to the bank and the wtf a small white machine that allows for wireless debit credit or phone pay