payment system Archives | Be Korea-savvy
New Smartphone Payment System: “A Single Tap is All You Need”

New Smartphone Payment System: “A Single Tap is All You Need”

SEOUL, Jul. 31 (Korea Bizwire) – JUSTOUCH, a new payment system based on near-field communication (NFC), is set to initiate services on August 1 with seven out of eight Korean credit companies offering the new system as a payment option for consumers. According to industry insiders, consumers will be able to make payments with JUSTOUCH [...]

Ministry to Implement Payment System for Small Businesses

Ministry to Implement Payment System for Small Businesses

SEOUL, Jun. 7 (Korea Bizwire) — A new payment system will be implemented aimed at addressing one of the top difficulties small businesses face, payment processing charges. Hong Jong-hak, the minister of SMEs and Startups, stated at a gathering relating to the issue today that an innovative payment system is needed to relieve small businesses [...]

NRT Acquires NCC, Leading Provider of Next Generation Credit Marker and AML Information Services to Global Gaming Operators

NRT Acquires NCC, Leading Provider of Next Generation Credit Marker and AML Information Services to Global Gaming Operators

LAS VEGAS, Apr. 11 (Korea Bizwire) — NRT Technology Corp. (“NRT”), a global technology leader of current and next generation payment systems, specialized financial/marketing self-serve kiosks, and digital and mobile experiences, announced that it has acquired the assets of privately held National Cred-A-Chek, Inc. (“NCC”)  the leading provider of information services for underwriting credit markers [...]