Glossary of terms commonly used in the Wallet


how to read
How to read in Japanese: deposit

A deposit is a bond or security payment. It may be paid at the beginning of the service, or it may be included in the purchase price of the goods. Since it is a deposit, it is refundable at the end of the service or when the goods are returned.

For example, with IC card-type tickets, which many people use, you pay 500 yen as a deposit at the time of purchase, which is refunded when you cancel your card.

You may also have experienced being asked to present a credit card at check-in at a hotel abroad. This is done to confirm that the card can be used, and is done by the hotel to avoid the risk of cancellation or other problems.

In some foreign countries, having a credit card is considered social credit, and if you cannot present your card, you may be asked to make a deposit.

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