SEOUL, July 6 (Korea Bizwire) – A group of South Korean credit card companies said Wednesday they will consider taking legal action against Visa Inc. following the global payment network company’s recent decision to raise the card fees it receives from Korean card issuers starting next year. In May, Visa notified Korean card firms that [...]
SEOUL, May 19 (Korea Bizwire) - The reduction of transaction fees charged by Visa Card and MasterCard to domestic credit card companies sought by the financial authorities of Korea is likely to be postponed to the next year, Yonhap News reported on May 18. Earlier in November last year, Korea’s Financial Services Commission and Financial [...]
![[Kobiz Stats] South Korea’s Richest and Corresponding Assets](http://koreabizwire.com/wp/wp-content/uploads/2014/04/국내부자자산규모-영문.jpg "[Kobiz Stats] South Korea’s Richest and Corresponding Assets")
[Related Article] How Much the Rich in Korea Spare to Spend (Korea Bizwire, April 11) An average individual from the upper crust of Korea spares 1 million won each month as surplus fund and most likely to spend it on wheels.On April 10, Visa Card came up with survey analysis of the top 20 percent rich [...]
SEOUL, Korea, April 11 (Korea Bizwire) – An average individual from the upper crust of Korea spares 1 million won each month as surplus fund and most likely to spend it on wheels. On April 10, Visa Card came up with survey analysis of the top 20 percent rich people from 11 different countries, in [...]