Tag: payment systems
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. Korean tech giant secures critical electronics deal with Chinese firm
The Mangyongdae Trading Company, a leading North Korean tech company, has reached an agreement with a Chinese high-tech electronics firm to acquire large numbers...
N. Korea orders stricter market controls, electronic payments push
North Korea's cabinet has issued orders to provincial commerce bureaus nationwide to strengthen market controls and economic management, Daily NK has learned.
According to a...
North Korea inspects national e-payment infrastructure
As North Korea conducts a sweeping inspection of its e-payment system, the Pyongyang Information Technology Bureau has been leading inspections of computer networks and...
N. Korea inspects electronic payment system to boost safety, efficiency
North Korea will inspect its domestic electronic payment system from July to October to improve the safety and efficiency of operations, Daily NK has...
N. Korean e-payment services popular among young people
Electronic payment services such as offline payments using QR codes are becoming increasingly popular among young North Koreans in major cities, Daily NK has...
N. Korea’s electronic payment gateway, Ullim 2.0, can be used on...
North Korea’s electronic payment gateway Ullim 2.0 can now be used on an ordinary computer, Daily NK has learned.
Daily NK recently obtained the user...
