Bank of The Ryukyus and Smaregi have entered into a business partnership to strengthen cooperation in payments and tax-free shopping. The companies aim to promote POS systems, cashless payments and tax-free shopping to support digital transformation among small and medium-sized businesses in Okinawa Prefecture and capture inbound demand.
Bank of The Ryukyus and Smaregi have entered into a business partnership to promote digital transformation in payment services, with the aim of addressing the challenges faced by businesses in Okinawa Prefecture in operating their stores. The companies seek to promote regional digital transformation and improve operating efficiency through the adoption of cashless payments and stronger support for tax-free shopping.
Bank of The Ryukyus will provide the payment environment and coordinate with businesses in the prefecture, while Smaregi will provide POS registers, a tax-free shopping system and store digital transformation functions.
Going forward, the companies plan to develop joint proposals primarily for retail, food service and lodging businesses in Okinawa Prefecture. They will address businesses' digitalization needs through seminars and individual consultation sessions, with the aim of building a digital transformation platform for store operations.