large retailers Archives | Be Korea-savvy
Large Retailers Cry Foul Over ‘Discriminatory’ Commission Rates

Large Retailers Cry Foul Over ‘Discriminatory’ Commission Rates

SEOUL, Nov. 23 (Korea Bizwire) – Large retailers in South Korea are claiming that they are being discriminated against by card firms over commission rates which could eat into their bottom lines amid a protracted economic slowdown, industry sources said Monday. According to the sources, some large-sized retailers have demanded a reduction in commission rates [...]