PYMNTS-MonitorEdge-May-2024

Korea

Korea Switching To Chip-Only Card ATMs
Korea Switching To Chip-Only Card ATMs
March 10, 2015  |  News

South Korea has officially cut off the use of magnetic-stripe payment cards for getting cash at ATMs, according to English-language newspaper, The Korea Herald. However,...

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Korean Retailers Fear Dependency On Tokens
Korean Retailers Fear Dependency On Tokens
December 09, 2014  |  International

No payment card company in Korea is currently developing its own tokenization system, and that has some in the Korean retail and financial industries worried,...

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Korean Tech Companies Shifting B2C Focus to B2B Market
Korean Tech Companies Shifting B2C Focus to B2B Market
October 31, 2014  |  International

Major Asian tech companies struggling to keep profits strong have shifted their businesses models from B2C to a B2B focus to position themselves in a stronger...

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