Osaka payment processor bankruptcy triggers restaurant cash crunch fears

Zentoshin's debt hit $710m, making it Japan's largest bankruptcy filing this year Zentoshin's services were popular with businesses in Osaka's Minami nightlife district. (Nikkei montage/Photos by Toshiki Sasazu and Arisa Moriyama) OSAKA/TOKYO — The sudden bankruptcy of Japanese credit card payment processor Zentoshin has left many restaurants waiting for reimbursements that may never come, triggering concerns about a chain reaction of bankruptcies among small and medium-sized businesses.

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