SEOUL, Feb. 17 (Korea Bizwire) — As the aftermath of the novel coronavirus outbreak, technologies that can reduce anxiety and fear in daily life are rapidly gaining popularity. In particular, so-called ‘untact’ ordering services are quickly gaining ground at restaurants. These types of services allow customers to order and pay for their food at the [...]
AMSTERDAM, the Netherlands, Nov. 8 (Korea Bizwire) — Payvision, a global fintech and omnichannel payments provider, released a new ebook exploring the future of commerce payments. The research looks into how the next generation of payments is reinventing the shopping experience, giving merchants clear insight into key strategic retail trends. The future of payments is instant [...]
Santa Clara, CA (USA), Aug. 8 (Korea Bizwire) — Apple, the established leader in simplifying user experiences, has put a stake in the ground for what a card experience should look like with the launch of the Apple Card. By heavily integrating the Apple Card experience into the Apple Pay app, they are able to [...]
SEOUL, May 20 (Korea Bizwire) — Kakaopay Corp. said Monday that it will expand its offline payment business to solidify its status as South Korea’s leading fintech service platform provider. Kakaopay said it plans to launch its own application within this year so that more users can use credit cards through the one-click payment system [...]
AMSTERDAM, NETHERLANDS, May 9 (Korea Bizwire) - Payment leader Ingenico Group (Euronext: FR0000125346 – ING) has launched LinkPlus, a simple and secure solution for businesses who handle payments over the phone. The solution enables online businesses to send payments through a link or QR code, removing the need to manually process unsecured credit card details or [...]
SEOUL, Mar. 28 (Korea Bizwire) — The city of Seoul announced on Wednesday that it had selected “Seoul Hybrid Taxi App Meter”, which was developed by Korea Smart Card Co., a taxi card payment terminal operator, to submit to the Ministry of Science and ICT’s ‘regulatory sandbox’. A regulatory sandbox is a system that exempts [...]
SEOUL, Dec. 18 (Korea Bizwire) – South Koreans use online banking services more than 100 million times a day via computers or smartphones, exceeding 53 trillion won (US$46.9 billion) in transactions, as an increasing number of customers are going online to check bank statements, wire cash, and get a loan. The Korea Institute of Finance [...]
LEAWOOD, Kan., Dec. 17 (Korea Bizwire) — On Monday, December 10, 2018, Euronet USA, Inc. signed an agreement with Banco de Moçambique to provide a modernized national payment network solution to Mozambique. Under the agreement, Euronet will provide state-of-the-art software for the financial system in Mozambique. Euronet’s superior technology combined with over 40 years of [...]
SEOUL, Oct. 24 (Korea Bizwire) — For the first time in South Korea, the Seoul Metropolitan Government plans to adopt a system in which dynamic QR codes are used to easily pay taxi fares. The city’s plan for a QR code payment standard for taxis will be compatible with various payment methods. Starting in January [...]
Santa Clara, California and Mexico City, Mexico, Oct. 22 (Korea Bizwire) — INVEX (BMV: INVEX A) Credit Card business, the only monoliner specializing in payments and cobranded cards, with focus on 100% digital customer experience in Mexico, has partnered with Ondot, the global leader in mobile payments services, to deliver full card life-cycle management associated [...]