credit card payment Archives

Korean Assembly Proposes Bill for Credit Card Payment of Monetary Penalties

SEOUL, Feb. 21 (Korea Bizwire) — South Korea has come up with a more effective way to collect monetary penalties. Kim Woo-Nam, a lawmaker from the opposition party of the New Politics Alliance for Democracy (NPAD), said on February 20 that he proposed, on behalf of several other lawmakers with the same purpose, revised bills that will give offenders of minor [...]

Government to Implement Discount on Credit Card Fees for Public Interest Groups

SEOUL, July 25 (Korea Bizwire) – Korea’s government, financial authorities and credit card companies have sat down to discuss implementing a cutback in credit card fees for public interest-serving institutions. Within the latter half of this year, the Credit Finance Association of Korea is planning on commissioning policy think tanks such as the Korea Development Institute for [...]