SEOUL, Feb. 13 (Korea Bizwire) — South Korea’s credit card firms paid nearly 200 billion won (US$180.6 million) in fees to global credit card brands last year, virtually unchanged from the year before due to increased spending during overseas travel and online purchases from foreign shopping malls, a report said Friday. Local card issuers, led [...]
SEOUL, Dec. 29 (Korea Bizwire) – Korean consulates in China are issuing a record number of Korean visas for Chinese travelers thanks to the Korean wave in China. According to the Korean Consulate General in Shanghai, it issued 60 percent more visas compared to last year, surpassing the 800,000 mark for the first time for [...]
SEOUL, Nov. 13 (Korea Bizwire) – Park Shin-hye, a rising Korean Wave star across Asia, became the new face of the world-class credit card network, Visa Inc. S.A.L.T. Entertainment, park’s talent agency, said on November 10 that she was selected as the newest face of the global brand following international personalities Zinedine Zidane and Paolo Rossi. [...]
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 [...]
SEATTLE, June 11, 2014 (Korea Bizwire)–Learning financial skills is as easy and fun as playing a video game. Just in time for the 2014 FIFA World Cup, Visa, Inc. has released Financial Soccer, a new version of its fast-paced multiple-choice question game. The updated game, which features improved graphics and new questions, tests players’ money [...]
SEOUL, Korea, April 29, 2014 (Korea Bizwire) – Korea’s credit card companies started reconsidering their links with the world’s major credit card issuers such as Visa and MasterCard, which have been dominant players in the local market until recently. The industry, instead, is set to strengthen their ties with China UnionPay and Discover Card as a way [...]