Korea Joongang Daily
Korea JoongAng Daily

Korea, India to launch cross-border QR code-based payment system this year: FSC chief

Korea and India plan to launch a QR code-based cross-border payment system this year, Seoul's chief financial regulator said Wednesday.

2026-04-22

The Boyz members dispute One Hundred Label's claims of paid settlements

Nine members of boy band The Boyz claimed that they had not received any settlement payments from One Hundred Label, disputing the agency's previous claims.

2026-04-22

Samsung owner family to complete $8 billion inheritance tax payments this month

The owner family of Samsung Group is set to complete the payment of roughly 12 trillion won ($8 billion) in inheritance taxes on assets left by the late Chairman Lee Kun-hee later this month, industry sources said on Sunday.

2026-04-05

Korea, Indonesia launch cross-border QR code-based payment system

Travelers between Korea and Indonesia can now make payments without exchanging currencies using a QR code-based payment system, Seoul's central bank said Wednesday.

2026-04-01

Daily value of online payments grows 9.2% to reach all-time high in 2025

The value of electronic payments in Korea reached an all-time high in 2025, driven by steady growth in online transactions, central bank data showed Friday.

2026-03-20

Google finally lowering in-app payment fees after years of developer complaints

Google will lower in-app payment fees for apps on its app marketplace Google Play and allow third-party payment options, a move that could improve profits for content companies that have long complained about the fees.

2026-03-05

Civic groups urge probe of unauthorized payments potentially linked to Coupang breach

Civic groups have asked police to investigate alleged unauthorized payments potentially linked to Coupang’s large-scale personal data breach, urging further scrutiny of the possibility that payment information was leaked.

2026-02-23

One in 20 self-employed borrowers late on loan repayments as economy slows down, data shows

One in 20 self-employed people with loans was late on their debt repayments as of last year, highlighting the sluggish economy amid rising interest rates, data showed Wednesday.

2026-02-18

First trial on Seoul mayor's alleged proxy poll payment to take place March 4

The first formal trial on Seoul Mayor Oh Se-hoon's suspected proxy payment of opinion poll expenses will take place on March 4 and continue at two-week intervals thereafter, a court said on Wednesday.

2026-01-28

Police refer suspect who scammed people on online secondhand markets to prosecutors

Police have sent a suspect to prosecutors in detention for allegedly defrauding dozens of people through fake listings on online secondhand marketplaces, authorities said on Tuesday.

2026-01-27