SEOUL, Oct. 8 (Korea Bizwire) — South Korea has launched an antitrust investigation into Google over its plans to enforce commission fees for in-app purchases made through its mobile application store, a top official said Thursday. The U.S. tech giant has come under intense scrutiny from South Korean regulators after it updated its global policy [...]
SEOUL, Sept. 9 (Korea Bizwire) — Demand for food delivery service has surged following torrential summer rain and the coronavirus outbreak. But food vendors are frustrated after delivery platforms decided to raise their commission fees last month. Some experts argue that major e-commerce compoanies such as Coupang are responsible for heightening commission rates as they [...]
SEOUL, Jan. 7 (Korea Bizwire) — Credit-card commission fees for small merchants will be lowered starting next month as the government seeks to ease financial burdens on self-employed business owners, according to officials at credit-card firms Monday. Starting in February, credit-card processing fees for small merchants with an annual revenue of between 500 million won [...]