Farm Workers Balk as Pyongyang Pushes Electronic Payment Cards - The Press United
2 Articles
2 Articles
North Korean authorities are showing signs of making the use of electronic payment cards mandatory in rural areas. While the authorities cite transaction convenience and the prevention of cash loss as justifications, suspicions and criticism are pouring in among rural residents that this is a measure intended to divert personal cash into banks and monitor financial flows. According to a DailyNK source in South Pyongan Province on the 19th, the M…
Farm workers balk as Pyongyang pushes electronic payment cards - The Press United
North Korean authorities are pressing South Pyongan province farm workers to load their savings onto electronic payment cards, saying the cashless shift will prevent lost money and make everyday transactions easier. Many farm workers, however, suspect a thinly veiled bid to pull private cash into state banks and track how money moves. The Mundok county […] The post Farm workers balk as Pyongyang pushes electronic payment cards appeared first on …
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