Japan Payment Processor Collapse Hits Banks and Restaurants

The bankruptcy of Zentoshin Co., an Osaka-based credit card payment processor, threatens both the regional banks which funded it as well as the small and medium-sized restaurants that relied on...

By Taro Fuse, Taiga Uranaka · Bloomberg Markets

The bankruptcy of Zentoshin Co., an Osaka-based credit card payment processor, threatens both the regional banks which funded it as well as the small and medium-sized restaurants that relied on its services.