4 ms·

I think a lot of the motivations are AML. Suica has a low maximum balance, that probably restricts the nefarious use cases.

by mappu 1y ago

Shank 1y ago
I would personally argue that 20,000 yen is not a low maximum balance for day-to-day purchases like food, because you can recharge so easily. Before Suica (and a bit concurrently), JNR and later JR issued "orange cards" that included both high value formats and lower value formats. The "high value" cards were 5,000 yen and 10,000 yen respectively, so the new maximum is 2x the previous "high value" orange cards that they abolished. The real win with e-money is not getting change, in my opinion. Carrying 20,000 yen in cash is easy when it's 2x 10,000 notes, but when it's a mix including coins, it's a pain.
- CapricornNoble 1y ago
  >Carrying 20,000 yen in cash is easy when it's 2x 10,000 notes, but when it's a mix including coins, it's a pain. Carry a coinpurse. I use an old faux-suede Samsung camera pouch.[1] Plus it's fun when someone is running an errand for you, like getting you a snack from the konbini across the street, and you plop your coinpurse on the desk with a thud, then pour out a handful of 500-yen coins and say "this should cover it", like a feudal lord. [1] kinda like this: https://www.amazon.ie/DFVmobile-Samsung-Galaxy-Camera-Closure/dp/B075K8TJR7 https://www.amazon.ie/DFVmobile-Samsung-Galaxy-Camera-Closur...
  - charcircuit 1y ago
    Why have a whole purse when it is already built into your phone which you already are carrying around anyways.
    - account42 1y ago
      Because my coin purse isn't going to randomly decide that it doesn't like the transaction.
    - CapricornNoble 1y ago
      You would give someone your PHONE to go buy a snack for you across the street? And tell them your screen unlock combo? Dumping some coins out of my coinpurse is far superior analog, low-tech Access Control to my money.
  - Shank 1y ago
    I do carry a coin purse, and I have no use for 1 yen coins. Sure, 10 yen, 50 yen, and 100 yen coins are easily spent, but 1 yen is not. Same issue with pennies in the US.

I think a lot of the motivations are AML. Suica has a low maximum balance, that probably restricts the nefarious use cases.

by mappu 1y ago

I think a lot of the motivations are AML. Suica has a low maximum balance, that probably restricts the nefarious use cases.

Shank 1y ago

I would personally argue that 20,000 yen is not a low maximum balance for day-to-day purchases like food, because you can recharge so easily. Before Suica (and a bit concurrently), JNR and later JR issued "orange cards" that included both high value formats and lower value formats. The "high value" cards were 5,000 yen and 10,000 yen respectively, so the new maximum is 2x the previous "high value" orange cards that they abolished. The real win with e-money is not getting change, in my opinion. Carrying 20,000 yen in cash is easy when it's 2x 10,000 notes, but when it's a mix including coins, it's a pain.

CapricornNoble 1y ago
>Carrying 20,000 yen in cash is easy when it's 2x 10,000 notes, but when it's a mix including coins, it's a pain. Carry a coinpurse. I use an old faux-suede Samsung camera pouch.[1] Plus it's fun when someone is running an errand for you, like getting you a snack from the konbini across the street, and you plop your coinpurse on the desk with a thud, then pour out a handful of 500-yen coins and say "this should cover it", like a feudal lord. [1] kinda like this: https://www.amazon.ie/DFVmobile-Samsung-Galaxy-Camera-Closure/dp/B075K8TJR7 https://www.amazon.ie/DFVmobile-Samsung-Galaxy-Camera-Closur...
- charcircuit 1y ago
  Why have a whole purse when it is already built into your phone which you already are carrying around anyways.
  - account42 1y ago
    Because my coin purse isn't going to randomly decide that it doesn't like the transaction.
  - CapricornNoble 1y ago
    You would give someone your PHONE to go buy a snack for you across the street? And tell them your screen unlock combo? Dumping some coins out of my coinpurse is far superior analog, low-tech Access Control to my money.
- Shank 1y ago
  I do carry a coin purse, and I have no use for 1 yen coins. Sure, 10 yen, 50 yen, and 100 yen coins are easily spent, but 1 yen is not. Same issue with pennies in the US.