Tag: savings

South Korea to go cashless in four years.

The Bank of Korea is planning to implement a cashless economy by 2020. In 2014 the Bank of Korea issued an average of 7.3% less banknotes (across 1000, 5000 and 10000 Won denominations). As large technology providers occupy the payment space, services such as Apple Pay, Samsung Pay and the forthcoming LG Pay, it is […]

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