A brief public service announcement for Japanese taxpayers followed by an explanation:
If you participate in furusato nouzei, you may find Amazon’s campaign here of interest: pay.amazon.co.jp/shop/campaign/…
They will offer you ~7% back on your tax payment if you use Amazon Pay.
If you participate in furusato nouzei, you may find Amazon’s campaign here of interest: pay.amazon.co.jp/shop/campaign/…
They will offer you ~7% back on your tax payment if you use Amazon Pay.
If you’re unfamiliar with Japan’s hometown tax system I have an explainer here:
kalzumeus.com/2018/10/19/jap…
kalzumeus.com/2018/10/19/jap…
As a payments professional, this is… an extremely interesting promotion to run, to put it mildly.
Most forms of rewarding customers to use payment rails have decreasing marginal rewards as spend goes up. This does the exact opposite.
Most forms of rewarding customers to use payment rails have decreasing marginal rewards as spend goes up. This does the exact opposite.
I would think that there is a risk of adverse selection there, but Amazon is full of very smart people and I support their decision to help convey my tax payment to Ogaki in these trying times.
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