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Korea's e-Business Is Mired in the Past
February 9, 2010
An online bookstore in Korea created an electronic payment system that works through smartphones, but less than a month later, two major credit card companies refused to accept payments made through smartphones because the settlement system differed from the officially certified standard used in Korea.
The bookstore is not alone. In Korea, people cannot shop online, do Internet banking or access government or tax office sites using their smartphones. This is unheard of in the 80 countries that introduced smartphones before Korea.
Original Posting At: TheChosunIlbo
The bookstore is not alone. In Korea, people cannot shop online, do Internet banking or access government or tax office sites using their smartphones. This is unheard of in the 80 countries that introduced smartphones before Korea.
Original Posting At: TheChosunIlbo
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