ZÜRICH & WATERLOO, Aug. 27 (Korea Bizwire) – Netcetera is Mastercard’s exclusive 3-D Secure testing partner to help retailers and other businesses ensure they are ready to comply with PSD2. Mastercard and Netcetera, the market leader for 3DS and EMVCo associate, are supporting merchants to improve their transactions and conversion rates. This is the first [...]
SEOUL, Nov. 21 (Korea Bizwire) – New data from Mastercard has revealed that Seoul is the 7th most visited city by international tourists in the world. The Korea Tourism Organization announced on Sunday that Seoul ranked 7th in terms of visits by foreign tourists in 2016, citing the Mastercard Global Destination Cities Index 2017. The South [...]
COLOGNE, Germany, July 7 (Korea Bizwire) — Bridging Worlds: On the road to the digiconomy, the dmexco Conference 2015 program and its top speakers from every region of the world will create crucial bridges between the most relevant themes on the one hand and, on the other, the big advertising brands, the major agency networks, [...]
SEOUL, June 30 (Korea Bizwire) – BC Card has decided to open the source code for mobile card issuance to all financial firms and start-ups to contribute to the growth of the FinTech industry in Korea. The company has already spent some 30 billion won to develop the source code. The biggest payment processing company and local [...]
SEOUL, Feb. 13 (Korea Bizwire) — South Korea’s credit card firms paid nearly 200 billion won (US$180.6 million) in fees to global credit card brands last year, virtually unchanged from the year before due to increased spending during overseas travel and online purchases from foreign shopping malls, a report said Friday. Local card issuers, led [...]
SEOUL, Oct 21 (Korea Bizwire) – MasterCard seems to take full advantage of surging interest surrounding Apple Pay, the tech giant’s newly launched NFC-driven easy-to-use contactless payments system. MasterCard said on October 20 that the contactless payment experience will be available at the 2014 World Series through a partnership with mobile technology leader MLB Advanced [...]
SEOUL, Sep. 26 (Korea Bizwire) — KB Kookmin Card will introduce a virtual credit card number scheme for those shopping in overseas retail sites such as Amazon.com. On September 25, KB Kookmin Card said that it would unveil the “SecurePay” service, in partnership with MasterCard, that would protects users from personal information theft. The service gives out a [...]
SEOUL, May 19 (Korea Bizwire) - The reduction of transaction fees charged by Visa Card and MasterCard to domestic credit card companies sought by the financial authorities of Korea is likely to be postponed to the next year, Yonhap News reported on May 18. Earlier in November last year, Korea’s Financial Services Commission and Financial [...]
SEOUL, Korea, April 29, 2014 (Korea Bizwire) – Korea’s credit card companies started reconsidering their links with the world’s major credit card issuers such as Visa and MasterCard, which have been dominant players in the local market until recently. The industry, instead, is set to strengthen their ties with China UnionPay and Discover Card as a way [...]