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Dispute rages over micro credit card fee
The Credit Finance Association of Korea (CFAK) Thursday unveiled its plan to reduce the credit card transaction fee from the current 2.68 percent to 1.88 percent, on Korean merchants generating 10 million won to 100 million won.
Small shops should also pay 2.86 percent of sales over micro credit card payment amounting to less than 10,000 won, showing a 0.44 percent increase.
However, phar...
Small shops should also pay 2.86 percent of sales over micro credit card payment amounting to less than 10,000 won, showing a 0.44 percent increase.
However, phar...
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