EBEST Securities stock voucher service is also allowed
Naver Financial will introduce a small deferred payment service with a monthly limit of 300,000 won in April.
This is the first case in which a small deferred payment service is allowed through the platform.
The Financial Services Commission announced on the 18th that it has decided to apply regulatory special cases for a certain period of time by designating two services including these contents as innovative financial services.
Naver Financial plans to launch a service that allows consumers to reimburse the insufficient amount of payment next time when the balance of recharge is less than the amount of payment when purchasing goods with Naver Pay points.
The deferred payment limit is calculated using an alternative credit rating system that combines financial and non-financial information.
Originally, under the relevant law, a business entity that issues and manages prepaid electronic payment means cannot perform postpaid payment.
In addition, it was unclear whether the resident registration number could be processed to perform the postpaid payment business, and whether it was the credit card business to provide postpaid payment services based on prepaid electronic payment methods.
A proposal for an amendment to the Electronic Financial Transactions Act was proposed, including the content of allowing small deferred payments to payment companies, but is still pending in the National Assembly.
Even before the revision of the law, the Innovation Finance Review Committee decided to give Naver Financial a deferred payment service within the limit of 300,000 won per person per month without a credit guard-up permission under the Specialized Credit Finance Business Act, and to grant regulatory special cases so that resident registration numbers can be processed.
The Financial Services Commission said, “It is expected to contribute to the achievement of inclusive finance by providing small credit opportunities to financially underprivileged groups such as young people and housewives who have difficulty using credit cards.”
In addition, Ebest Investment & Securities”Stock Gift Certificate Service’ was also designated as an innovative financial service.
It is a service that allows you to register eBest Investment & Securities vouchers purchased or received on an online shopping platform on a mobile or home trading system (MTS·HTS) and use them for domestic and foreign stock investment.
The Innovation Finance Review Committee has granted a special regulatory case so that the sale of stock vouchers by online shopping platforms does not fall under the Capital Markets Act.
The Financial Services Commission said that positive effects are expected, such as expanding consumer opportunities for small investments and enhancing access to financial products.
This service is expected to be released in August.
The Financial Services Commission has extended the designation period for five cases, including the automatic real estate price calculation service based on big data that was previously designated as an innovative financial service.
/yunhap news