Apple Pay was expected to launch in South Korea at the end of November, but due to regulatory concerns, it was delayed.
), Apple Pay could arrive in the country by the end of this month “at the earliest” or early next year “at the latest.” The publication says that the country’s lack of NFC terminal infrastructure could also be a problem for Apple even when its payment service launches.
When Apple Pay becomes available, Hyundai Card will be “the sole service provider,” as it’s unclear whether more banks or cards will accept Apple’s payment system. reported that leaked terms and conditions showed that Hyundai customers would be able to start using Apple Pay as soon as November or December.
“The purpose of this document is to regulate the conditions and procedures of the rights between our customers and the company, obligations, and responsibility, and more for the usage of Apple Pay services provided by Hyundai Card Corporation for our registered customers. The terms and conditions will officially become effective from Nov. 30, 2022.”
While Apple usually makes deals with a few banks before launching Apple Pay in a country, this will be the only debit and credit cards available to be added to the service in the country. added its payment system in Qatar ahead of the Fifa World Cup. The service works with several different banks. Also, this year, Apple Pay was made available in Malaysia, Moldova, Argentina, Peru, and Armenia. Chile, rumored to receive the service for a while, is still nowhere to support it.
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