SEOUL, Aug. 20 (Korea Bizwire) – Small business owners in South Korea are preparing to differentiate prices between in-store and delivery orders, a move triggered by a recent increase in commission fees by Baemin, the country’s largest food delivery platform. This collective action, set to begin on August 22, is raising concerns about potential inflationary pressures [...]
SEOUL, Oct. 10 (Korea Bizwire) — Disputes between lawyers and clients over legal fees are growing amid a slump in the legal services market and stiffer competition among lawyers. According to industry sources, the practice of paying lawyers a deposit for their fees is shifting from paying in a lump sum to paying in installments [...]
SEOUL, Feb. 16 (Korea Bizwire) — The government will refund COVID-19 test fees for those who test negative with self-test kits but are later confirmed positive after taking a polymerase chain reaction (PCR) test at a medical institution at their own expense, health authorities said. Kim Kap-jung, a senior official at the Korea Disease Control [...]
SEOUL, Aug. 26 (Korea Bizwire) — The Ministry of Science and ICT said Wednesday it will survey local app developers over fees levied by mobile app market platform operators amid concerns surrounding potential changes to Google’s platform payment policy. Google currently requires local game apps on its platform to use its in-app payment system, which [...]
SEOUL, Jan. 2 (Korea Bizwire) — Veterinary clinics are less likely to announce the cost of treatment in advance, a recent report has revealed. According to a survey conducted by the Consumers Union of Korea (CUK) on 50 animal hospitals in the Seoul metropolitan area last month, the most expensive treatment item was related to [...]
SEOUL, July 5 (Korea Bizwire) – Visa Inc., a global payment network company, said Tuesday it will raise the fees for overseas credit card purchases using its networks it receives from South Korean credit card companies starting next year. In May, Visa notified Korean card firms of its planned fee hikes from October 2016. In [...]