Shinsegae Duty Free launches installment payments for foreign tourists

Shinsegae Duty Free said Wednesday it launched a payment service that allows foreign visitors to pay in installments using Visa cards issued overseas.

Developed in partnership with Korean fintech company DealMe, the NanuPay service has been introduced at the retailer's Myeong-dong store.

NanuPay enables customers with overseas-issued Visa cards to select installment payments at checkout without downloading a separate app or applying for a new card.

Previously, purchases made with foreign-issued ...