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S. Korea to Roll out Credit Card-Based Authentication for Mobile Payments

S. Korea to Roll out Credit Card-Based Authentication for Mobile Payments

SEOUL, Sept. 6 (Korea Bizwire) – South Korea plans to roll out commercial services for personal authentication for online and mobile payments utilizing the short-range wireless technology used in credit cards, officials said Tuesday.  According to the Office of Government Policy Coordination, the government is set to approve the new service, which grants users personal [...]

E-commerce Transactions Are Available Only with Username and Password Soon

E-commerce Transactions Are Available Only with Username and Password Soon

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 [...]