[Impeachment quote] card industry, the early presidential election rush fee reduction commitments concern

[Korea before lower cervical financial newspaper reporter] impeachment quoted financial companies such as credit cards, four rush for early presidential political capital industry is expected to spill the populist promises including merchant fee cuts. In particular, it is still going concern after catching even the candidates have naenotji card fee reduction commitments? Be pyosim comes with a card fee reduction commitments.

According to the industry, politicians and card 10, the Democratic Party candidate Moon Jae-in addition has a small business and meetings last February 23 in Seoul Seodaemun Youngcheon market announced a pledge card fee reductions.

Candidate Statement 2 billion won to 300 million won from a small commission merchant preferential basis, small merchants expanded from 300 million won to 500 million won and 500 million won less preferential commission rate applied to the Annual Small merchants said it would gradually lowered to 1%.

Free hangukdang not yet visible presidential candidate also said it would cut its merchant fees to support small business small part.

Inmyeongjin free hangukdang Chairman hypertrophy is also planning to add annual sales lowered the fees for the general merchants region of 500 million won from 300 million won in the small business industry conference he said he would also push lower around 3.5% currently online retailer card commissions.

Yunjongmun Credit Finance Institute, said "This card will be aggravated if the game industry's difficulties continued commitment '' The presidential candidates are Impeachment card fees quoted in the pas seems to be pouring their commitment to such cuts, he said.

In particular, while early election rush ahninya will not respond properly to the political and economic instability at home and abroad, such as US interest rates, Saad place is also being raised prospects. Current credit card companies are expected to be affected by China Union Pay slips into buying commissions Saad place.

Yunjongmun researchers "have accounted for UnionPay 50% in the total cross-border payments market 30 trillion domestic card industry is expected to see a loss of about 0.5% of 50 billion won, it said the" early elections even rush these internal and external payments, etc. financial authorities the response should focus on uncertainties "it said.



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