“Apple Pay is entering into Korean market,” Jaeshik Gil reports for The Electronic Times.
“Apple recently had a private meeting with 3 to 4 Korean card corporations such as Hana Financial Group and Visa Card,” Gil reports. “One person affiliated with Korean financial corporation that met with Apple explained that information cannot be discussed in detailed due to NDA, and this is just work done in advance by Apple Pay to enter Korea.”
“According to financial circle, Apple held a private meeting with Hana Financial Group and Visa Card and felt out its plan to enter into Korean market,” Gil reports. “t began its investigation on Korea’s NFC-based payment market and focused on variety of matters that will enable Apple Pay to make a payment in Korea. It also showed a possibility of working together with Visa Card and Hana Financial Group to expand and link infrastructures, and Apple Pay will be commonly used in early next year at the earliest.”
Read more in the full article here.
MacDailyNews Take: Sleep tight, Sammy.
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[Thanks to MacDailyNews Reader “Bill” for the heads up.]