Brief

"On "15/01/2025", the "Financial Services Commission" issued an update regarding "45 new innovative financial services have been designated - 45 new designated services including ‘Simple prepaid electronic payment method use and refund service for foreigners visiting Korea’ ". The Financial Commission has authorized a total of 545 services, with 45 newly added, allowing them to be tested and verified in the market. This includes the utilization of software provided services (SaaS) on mobile devices for certain companies."

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Financial Services Commission

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