Costco may break ties with Samsung Card
Feb. 18, 2013
U.S.-based Costco Wholesale Corp. may change its “one-credit card use” policy in Korea due to the revised law on credit card service fees.The large discount chain operates businesses in eight countries ― the U.S., Canada, Mexico, Australia, Japan, Taiwan, the U.K. and South Korea.Costco has signed contracts with “one credit card firm per country.” For example, consumers are allowed to pay for goods only with American Express in North America and only with Samsung Card in Korea.Under exclusive de