| View previous topic :: View next topic |
| Author |
Message |
agoodmouse
Joined: 20 Dec 2007
Location: Anyang
|
 Posted: Mon Jun 02, 2008 6:40 pm Post subject: Gmarket limits foreign CC spending |
 |
|
Backward arbitrary limits/rules like these show why foreign investment/spending is low. I don't mind the foreign registration part (I expect some hurdle solely because I'm not Korean), but to impose spending limits is stupefying.
For safer shopping, we request our customers to complete a foreign card verification process.
Please follow the 3 steps below:
1) Fill out the application form below and submit it.
2) Fax or E-mail us the copy of your card with Gmarket ID
2) We recommend you to remove the last 4 digit of the card when you send the copy for safety.
2) (Fax : 02-3016-5453 or from outside of Korea : 82-2-3016-5453) ,
2) (E-mail : [email protected])
3) We will contact you for the result of verification status by e-mail or phone.
4) You can register maximum 3 cards under your ID.
The fax number above is used exclusively for this verification process, safety managed by security staffs. Also, once the process is completed, submitted supporting documents will be immediately destroyed.
Please note that we have limit on foreign card which are
- 3 million KRW for each User per month
- 2 million KRW for each order |
|
| Back to top |
|
 |
Scouse Mouse
Joined: 07 Jan 2007
Location: Cloud #9
|
| Posted: Mon Jun 02, 2008 6:47 pm Post subject: |
|
|
Pay by bank transfer. It' free and easy!
Seriously, their foreign customer service is crap. You do not want to give them your details  |
|
| Back to top |
|
|
Young FRANKenstein
Joined: 02 Oct 2006
Location: Castle Frankenstein (that's FRONKensteen)
|
| Posted: Mon Jun 02, 2008 6:48 pm Post subject: Re: Gmarket limits foreign CC spending |
|
|
| agoodmouse wrote: |
I don't mind the foreign registration part (I expect some hurdle solely because I'm not Korean),
For safer shopping, we request our customers to complete a foreign card verification process. |
The obvious solution:
1) Register using the Korean side of the site
2) Use a Korean CC |
|
| Back to top |
|
|
agoodmouse
Joined: 20 Dec 2007
Location: Anyang
|
| Posted: Mon Jun 02, 2008 7:02 pm Post subject: |
|
|
| But aren't Korean credit cards given to foreigners essentially pre-paid (i.e. you've given your Korean CC company 1 million won, so you can spend 1 million from it)? |
|
| Back to top |
|
|
ttompatz
Joined: 05 Sep 2005
Location: Kwangju, South Korea
|
| Posted: Mon Jun 02, 2008 7:44 pm Post subject: |
|
|
| agoodmouse wrote: |
| But aren't Korean credit cards given to foreigners essentially pre-paid (i.e. you've given your Korean CC company 1 million won, so you can spend 1 million from it)? |
Nope. Well, not entirely nope. Only if you work in a hakwon.
If you work at a university (not unigwan) or PS you can get an unsecured credit card from a number of companies.
A secured card is more like a car loan than a prepaid card. You place money in a term deposit. You earn interest on said deposit. You pledge the deposit as security against your CC. You get the CC with a limit that is about 95% of the value of the pledged security.
The card works like any other credit card.
BIG NOTE HERE: Korean cards are more like the old AMEX cards - For the most part (with certain exceptions) your entire outstanding balance is cleared monthly and you don't carry a balance like you would at home.
. |
|
| Back to top |
|
|
Frankly Mr Shankly
Joined: 13 Feb 2008
|
| Posted: Mon Jun 02, 2008 7:47 pm Post subject: |
|
|
| It still seems like a case of one step forward and two steps back for the land of the morning fruit truck. |
|
| Back to top |
|
|
Young FRANKenstein
Joined: 02 Oct 2006
Location: Castle Frankenstein (that's FRONKensteen)
|
| Posted: Mon Jun 02, 2008 9:45 pm Post subject: |
|
|
| agoodmouse wrote: |
| But aren't Korean credit cards given to foreigners essentially pre-paid (i.e. you've given your Korean CC company 1 million won, so you can spend 1 million from it)? |
Not if you work in PS or uni or other non-hagwon job. I have 4 CCs, and none of them required a co-signer or a deposit. |
|
| Back to top |
|
|
Young FRANKenstein
Joined: 02 Oct 2006
Location: Castle Frankenstein (that's FRONKensteen)
|
| Posted: Mon Jun 02, 2008 9:47 pm Post subject: |
|
|
| ttompatz wrote: |
| BIG NOTE HERE: Korean cards are more like the old AMEX cards - For the most part (with certain exceptions) your entire outstanding balance is cleared monthly and you don't carry a balance like you would at home. |
If you wish to have the balance rollover to the next month, rather than pay everything off at the end of each monht, you must tell the teller this is what you wish the day you apply for the card. They won't change it after the fact. |
|
| Back to top |
|
|
princess
Joined: 16 Jan 2003
Location: soul of Asia
|
| Posted: Mon Jun 02, 2008 9:48 pm Post subject: |
|
|
| Frankly Mr Shankly wrote: |
| It still seems like a case of one step forward and two steps back for the land of the morning fruit truck. |
hahaha...Now, cyworld won't accept American Express cards anymore. That is how I bought acorns to buy songs, designs, etc. Now, cyworld just won't get a won out of me. Losers! |
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
