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State Adjustment of Credit Card Fees to Have Negative Impact on Card Firms: Moody’s

State Adjustment of Credit Card Fees to Have Negative Impact on Card Firms: Moody’s

SEOUL, Dec. 4 (Korea Bizwire) – The South Korean government’s plan to reduce credit card transaction fees for smaller business owners will affect the bottom line of local card firms, a global ratings agency has said. Late last month, the government announced its plans to expand the number of business owners eligible for preferential credit [...]