SEOUL, Dec. 29 (Korea Bizwire) — A simple, non-Active X online payment service will soon be available in Korea from major credit card companies. Starting December 29, customers will be able to make credit card payments for their online transactions by providing their ID number and a password. Major Korean credit card companies such as [...]
SEOUL, Oct. 29 (Korea Bizwire) – “Going mobile” seems to play increasingly major roles in e-business as a whole. And this trend is especially prominent in e-commerce market, a field in which old and new players are raging fiercer battles for more shares in the lucrative market. GS Shop, GS Home Shopping(GSHS)’s online and mobile [...]
SEOUL, Oct. 17 (Korea Bizwire) – Korean e-commerce market is continually evolving. As the nation’s B2C e-commerce market appears saturated, major players are beginning to eye B2B market and in particular, a chance to tap maintenance, repair, operations (MROs) for SMEs which is estimated to be valued at about 25 trillion won — in terms of MROs [...]
SEOUL, Sep. 23 (Korea Bizwire) — Competition between e-commerce payment service providers is dramatically increasing as KakaoTalk, a multi-platform texting application provider, launched its new mobile payment service KakaoPay. According to the leading app company on September 21, more than 130,000 users have joined the service only in about 20 days right after the launch. [...]
SEOUL, Sept. 6 (Korea Bizwire) – NHN Entertainment took the first step to enter the e-commerce market in Korea. The game company announced on September 4 that it would purchase 5.1 million shares of Korea Cyber Payment at the cost of 64.19 billion won, or about US$62.7 million. After its paid-in capital increase, the Korean game publisher [...]
SEOUL, Aug. 31 (Korea Bizwire) – It was reported that e-commerce transactions is possible only by typing in one’s username and password as early as late September or as late as early October, as currently available with two e-commerce platform providers: PayPal, an international e-commerce business allowing Internet payments and money transfers, and Alipay, a [...]
SEOUL, July 19 (Korea Bizwire) – Alipay, the e-payment arm of China’s e-commerce giant Alibaba, wants to make inroads in South Korean market — a move to create a seismic change across South Korea’s online payment service industry, according to local sources and reports. China’s leading e-payment brand held a seminar on July 18 to [...]
SEOUL, June 21 (Korea Bizwire) – Thanks to the Korea Wave, foreign consumers’ interests in Korean goods are hotter now than any other time. Responding to the trend, the market size of direct sales of Korean goods to overseas consumers through domestic Internet shopping sites is estimated at 200 billion won. Then, who will be [...]
CHICAGO & BONN, Germany, June 11, 2014 (Korea Bizwire)–Consumers first and foremost do their research online, choose retailers primarily because of attractive prices and free delivery, place their order via computer, pay with their credit card, and want their purchases delivered fast. Those are the key global findings of ‘Shop the World’, a consumer survey [...]
FORT LAUDERDALE, FL, Jan 28 (Korea Bizwire) – FONU2 is pleased to announce a fast, easy and secure way for entrepreneurs to start their own business and begin earning capital right away, thanks to the soon-to-be-launched FONU2 website. Using FONU2′s distinctive social commerce platform, members can register their new business via the mobile app or secure website. [...]