SEOUL, May 31 (Korea Bizwire) — CU, South Korea’s second-largest convenience store chain by revenue, said Tuesday it will add nine payment options, mostly from Southeast Asian countries, in the latest move to boost the convenience of foreign tourists. The new payment options, which are set to begin next month, include Hong Kong’s AlipayHK, the [...]
SEOUL, March 10 (Korea Bizwire) — South Koreans continued to reduce their use of cash last year, while their use of credit cards reached record highs both in terms of frequency and amount, a central bank survey showed Tuesday. The people had an average 53,000 won (US$44.20) in their wallet at any given time in [...]
SEOUL, March 5 (Korea Bizwire) — The amount of daily financial transactions using credit cards and electronic means continued to grow last year while the use of checks and promissory notes continued to dwindle, central bank data showed Thursday. The value of daily financial transactions using non-cash payment methods, including remittance services, came to 81.4 [...]
AMSTERDAM, NETHERLANDS, Oct. 10 (Korea Bizwire) - Ingenico Group (Euronext: FR0000125346 – ING), the global leader in seamless payment, is transforming how international ecommerce companies operate in China. By introducing a suite of payment methods that fully caters to the preferences of local consumers, Ingenico will enable online businesses to gain better access to one of the [...]