service providers Archives

Service Providers Scramble to Prepare for Apple Pay

SEOUL, Nov. 16 (Korea Bizwire) — South Korea’s online payment service providers are setting up near-field communication (NFC) devices and other services as Apple Pay, Apple Inc.’s mobile payment service, is expected to be introduced in South Korea later this month. NHN KCP Co. recently posted “Apple Pay Accepted” on its website before taking it down soon [...]

Netflix’s Popularity on the Wane

SEOUL, July 7 (Korea Bizwire) — After enjoying strong growth earlier in the year, the global video streaming platform Netflix is facing declining popularity in South Korea. The situation is the same for South Korea’s major over-the-top (OTT) service providers such as Wavve, Watcha Inc. and Tving. All four companies saw their number of users [...]