NFC function that could have been introduced faster than other developed countries

(1)Even if the NFC function is excluded, between credit card companies
(2)The noise continues to grow The Credit Association asked each credit card company for its opinion on obtaining an estimate for NFC functionality on IC terminals, and five credit card companies except Shinhan, Samsung, and Lotte agreed, but the Credit Association ignored it and carried out the project arbitrarily

(1)The reason for the lack of supply of NFC terminals by domestic merchants dates back to 2015 eight years ago, when the credit association created a 150 billion won joint fund to convert magnetic terminals of small merchants with weak security into IC terminals
(2)C explained, “8 years ago, credit card companies raised 150 billion won to replace small business terminals, but the amount used for replacement is about 100 billion won,” adding, “I understand that the remaining 50 billion won has not yet been used by the association.”
(3)He added, “It is a natural logic, but credit card companies other than Hyundai Card do not welcome the supply of NFC terminals.”