Japan Payment Processor Collapse Hits Banks, 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 its services. 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.