payment Archives | Page 2 of 3 | Be Korea-savvy
Credit Card Companies Pay Close Attention to the Launch of “Seoul Pay”

Credit Card Companies Pay Close Attention to the Launch of “Seoul Pay”

SEOUL, Jul. 26 (Korea Bizwire) — Credit card companies are on high alert after the launch of a new payment system by the city of Seoul that allows small business owners and their customers to make monetary transactions without any fees. Yesterday, the Seoul Metropolitan Government announced the launch of “Seoul Pay,” a zero transaction [...]

Paysafe Launches Paysafecash – the Ground-breaking New Payment Solution for the ‘Cash Consumer’

Paysafe Launches Paysafecash – the Ground-breaking New Payment Solution for the ‘Cash Consumer’

LONDON, Jun. 4 (Korea Bizwire) — Leading global payments provider, Paysafe, today announces the global launch of its latest alternative payment solution – ‘Paysafecash’. The pioneering and ultra-safe online cash payment option has been designed to cater for the sizeable number of online shoppers around the world who still prefer to pay by cash. Recent [...]

Blockchain Can Prevent Delays in Payment for Products Delivered by SMEs: Report

Blockchain Can Prevent Delays in Payment for Products Delivered by SMEs: Report

SEOUL, Mar. 12 (Korea Bizwire) — Smart contracts based on blockchain technology can effectively prevent delays in payments for delivered goods and make it impossible to unilaterally alter original contracts, a local think tank said Sunday. The report by Korea Small Business Institute (KOSBI) said blockchains can open new horizons for how small and medium [...]

Acapture Introduces SlicePay, a PSD2-compliant Payment Product That Supports Merchants to Handle Complex Split Settlements

Acapture Introduces SlicePay, a PSD2-compliant Payment Product That Supports Merchants to Handle Complex Split Settlements

AMSTERDAM, The Netherlands, Sept. 14 (Korea Bizwire) — Acapture, a global, data-driven omnichannel PSP, has launched SlicePay, an easy-to-integrate product designed to reduce the burden of payouts to multiple parties in various countries and currencies. By adding SlicePay to its portfolio, Acapture now offers a BaFin validated, PSD2-compliant solution to its international clientele. It supports [...]

Korean FSC Introduces Hand-Scanning Bio-Pay, First 24/7 Internet-Only Banks

Korean FSC Introduces Hand-Scanning Bio-Pay, First 24/7 Internet-Only Banks

SEOUL, Jan. 5 (Korea Bizwire) – The Financial Supervisory Commission announced Thursday that it will introduce a new biometric payment method that will use the veins on the palm of the hand for identification.  According to officials, consumers will be able to make payments by simply having their palm scanned at offline outlets without the [...]

Commercial Payment Cards: The U.S. and Global Markets and Trends, 8th Edition

Commercial Payment Cards: The U.S. and Global Markets and Trends, 8th Edition

DUBLIN, IRELAND, Jul 1, 2014 (Korea Bizwire) Research and Markets (http://goo.gl/evs1z6)  has announced the addition of the “Commercial Payment Cards: The U.S. and Global Markets and Trends, 8th Edition” report to their offering. While U.S. consumer credit card spending may still be pressured, commercial card purchase volume is moving full steam ahead. According to Commercial Payment [...]