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Toss vows to fully compensate for losses from any fraud cases
Toss vows to fully compensate for losses from any fraud cases
MarketsJul 6, 2020
Amid growing concerns over the security of online payment services, Viva Republica, operator of online bank Toss, said Monday that it would fully compensate its customers who fall victim to any type of financial fraud. The move came after unauthorized payments worth 9.4 million won ($7,860) were made on the financial technology platform in early June, raising questions over the safety of the mobile payment system. “Transactions via Toss should be considered safer than face-to-face bank