Apple Pay to Launch in South Korea This Year Following Regulator Approval

After years of discussions with local authorities, Apple Pay in South Korea has been approved by the financial regulator, paving the way for the mobile payment system to launch in the first half of this year (via The Korea Herald). The FSC emphasized that credit card firms should not transfer fees arising from the use of ‌Apple Pay‌ to customers or shops, while calling for measures to ensure customer protection from such risks as the theft of personal information.
Read more: https://www.macrumors.com/2023/02/03/apple-pay-korea-launch-approved-2023/?source=Snapzu