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Lawson had partnered with Sanwa and Fuji Bank since the previous year, and Ampm Japan had partnered with The Sakura Bank starting from March of that year, already operating cash dispenser and ATM services. Circle K Japan was also considering installations in collaboration with Tokai Bank. [11] 7-Eleven stores displaying the Seven & I Holdings logo
Seven Bank began accepting foreign-issued ATM and credit cards in June 2007. Cards with Visa, Plus, American Express, Discover, JCB, Diners Club or China UnionPay logos on them are all accepted to withdraw yen from the machines. [3] [4] In December 2009, Seven Bank discontinued ATM services for MasterCard, Maestro and Cirrus cards.
As banks and third parties realized the profit potential, they raised the fees. ATM fees now commonly reach $3.00, and can be as high as $6.00, [10] or even higher in cash-intensive places like bars and casinos, in cases where fees are paid both to the bank (for using a "foreign" ATM) and the ATM owner (the so-called "surcharge") total ...
Nanaco (trademarked in lowercase as nanaco) is a prepaid cash-rechargeable contactless electronic money card, and point based loyalty program used at Seven & I Holdings–owned stores in Japan, which are 7-Eleven convenience stores, Denny's restaurants, and Ito-Yokado merchandise stores.
Operating the Japanese stores under Seven-Eleven Japan, Ito-Yokado acquired a 70% stake in Southland Corporation in 1991; as majority owner, it changed Southland Corporation's name to 7-Eleven, Inc. that same year, then expanded to 100% ownership in November 2005, making 7-Eleven, Inc. a wholly owned subsidiary of Seven-Eleven Japan.
Japan's banking system has consolidated dramatically since the 1990s. The list below gives an account of the banking industry's composition and consolidation.
Also remember that out-of-network ATM vendors may charge their own fees on top of what your bank charges you. In addition to charging fees, some banks take longer to process out-of-network ATM ...
7-Eleven Inc. also says it works closely with Seven-Eleven Japan to share learnings and best practices, including working with some of the same fresh food manufacturers and commissaries.