N. Korea expands foreign currency payments through smartphone apps - Daily NK English

N. Korea expands foreign currency payments through smartphone apps - Daily NK English

North Korean smartphones are processing more payments in foreign currencies, and an increasing number of businesses are now required to offer electronic payment systems, Daily NK has learned. “More market stalls and shops are processing foreign currency payments through barcodes and QR codes. Since late March, people’s committees in major cities and provincial capitals have stopped issuing licenses to new businesses unless they have electronic p…