Search results for WeChat Pay
Finance
PG firms team up to block fraudulent payments, rate hike fallout in focus
South Korea\'s fintech sector is expanding payment infrastructure while strengthening security and user protection. The Financial Supervisory Service and the Korea Fintech Industry Association launched a consultative body with major payment gateway firms to curb suspicious transactions. The Bank of Korea raised its policy rate to 2.75 percent, the first hike in 3.5 years, prompting tighter household lending management. Authorities also plan higher deposits and trading units for single-stock leveraged ETFs.
Finance
Cucon links global payments to Toss Place terminals
Cucon will link about 50 global mobile payment services to Toss Place payment terminals, allowing merchants to accept mobile payments from foreign visitors using existing terminals. The company said Seoul-based stores using Toss Place terminals will be able to use services including UnionPay, WeChat Pay and Indonesia’s QRIS. The service connects Cucon’s global payments infrastructure with Seoul Pay and overseas payment firms.
Finance
Danal, Shinhan Bank add ZaloPay for foreign students\' tuition payments
Danal has introduced Vietnam\'s ZaloPay to a tuition payment service for foreign students at South Korean universities with Shinhan Bank. The move expands payment options beyond WeChat Pay and PayPal, allowing Vietnamese students and parents to pay by QR code through Zalo or ZaloPay without visiting a bank branch. The service supports familiar payment methods and is operated in partnership with more than 94 universities.
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Finance
Cucon links Seoul Pay with Liquid Group to expand cross-border QR payments
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Crypto
Musk\'s X Money seen launching in April; CLARITY bill a variable
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AI & Enterprise
Cucon targets monetisation year for global pay and data new businesses
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Games & Commerce
Baemin starts in-app support for English, Chinese and Japanese
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Games & Commerce
Olive Young joins hands with Japan\'s Don Quijote in push to attract foreign tourists