Tag: electronic payments
Cash remains king: Why North Koreans resist Pyongyang’s digital payment push
North Korea is holding public lectures encouraging electronic payment adoption, but citizens remain hesitant due to concerns about government surveillance and policy instability.
A source...
N. Korea launches first automated banking hotline
North Korea has introduced automated call menus for banking customer service as the regime expands electronic payments to control the informal economy.
Daily NK obtained...
N. Korea opens complaint hotline as public trust in banking system...
North Korea's Central Bank has ordered provincial branches to create systems that allow people to directly report problems that arise in financial services.
"After detecting...
Pyongyang police crackdown on teen mobile payments
Police in Pyongyang have started an emergency crackdown after discovering that high school students in the capital's central districts made over 150 mobile payments...
N. Korea’s digital divide: Survey reveals urban-rural gap in electronic payments
North Korean authorities have conducted a nationwide survey on electronic payment usage in the first quarter of this year. The results show that while...
N. Korea expands foreign currency payments through smartphone apps
North Korean smartphones are processing more payments in foreign currencies, and an increasing number of businesses are now required to offer electronic payment systems,...
N. Korea rolls out mandatory electronic wage cards in S. Pyongan
North Korea's State Planning Commission and Central Bank have ordered organizations across South Pyongan province to switch to electronic card payments for workers' wages...
