Date: 2009 December 08 16:40
Posted by Joe
A keen eyed Otaku News reader has sent us details about ATM services in Japan that will impact MasterCard users visiting the country.
Carrying cash is often very useful in Japan. Getting money out from an ATM can be difficult as not all banks accept western credit cards for cash withdrawal. The best place to withdraw money is often 7-Eleven using their Seven Bank ATM machines.
Due to changes in the terms and conditions from MasterCard, Seven Bank will no longer accept overseas-issued MasterCard brand cards as of December 14th. The bank is still accepting Visa, American Express, JCB, China UnionPay, Discover and Diners Club.
Press release as follows:
Seven Bank to Discontinue ATM Services for Overseas-issued MasterCard Brand Cards
Seven Bank, Ltd. announces that as of December 14, 2009, users of overseas-issued MasterCard brand cash cards and credit cards (including Cirrus and Maestro brands) will no longer be able to withdraw Japanese yen or perform balance inquiries at Seven Bank ATMs.
Seven Bank discontinued the ATM services in response to a revision of conditions by MasterCard that does not sustain the economic viability of the services from Seven Bank's perspective.
Seven Bank intends to pursue dialog with MasterCard on the revision of conditions in the aim of restoring ATM services for affected cards as soon as possible.