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Games & Commerce

Musinsa Mujinjang Black Friday lifts online users by more than 70 percent

Musinsa said its summer regular event, \"Musinsa Mujinjang Black Friday\", is drawing customers by combining online and offline promotions. Average daily active users on its online store rose more than 70 percent from a week earlier during June 13 to 14, it said. Visitors to its Musinsa Mega Store Seongsu rose 30 percent on June 14, while transaction value increased more than 40 percent.

Finance

Cash App unveils wand-like NFC payment tag that works without phone or card

Block\'s Cash App has unveiled a wand-like near-field communication payment tag accessory that allows users to pay by tapping, without a smartphone or card. Priced at $25, the keyring-style product is the first in a planned line of tag-based payment hardware. It works at offline stores that support Visa tap to pay after linking to a Cash App card. Users can lock or reactivate the tag via the app and get instant payment alerts.

Finance

KakaoPay expands mutual growth program to support 100 small business brands

KakaoPay will step up support for small business brands through its “Oraeorae Hamkkegage” development programme by selecting 100 participants. The programme, run with the Together Working Foundation since 2023, has supported 264 brands. This year’s support expands from 60 brands last year, lifting applications and competition. KakaoPay also widened eligibility to include offline store operators, with 30 percent of selected firms offline-based.