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Games & Commerce

Naver to remove \'digital barriers\' for foreigners with passport verification

Naver is moving to address a key inconvenience for foreign tourists in South Korea: the lack of a domestic phone number for identity verification. The company said it has introduced a passport verification service for users holding passports issued overseas. It said short-term visitors can complete identity checks using only a smartphone and then access O2O services such as place reservations via Naver Map, restaurant orders and easy payments at the same level as locals.

Finance

ELS fines cut to 600 billion won after local elections, financial policy in focus

With the June 3 local elections over, attention in South Korea’s financial sector is shifting back to financial authorities and the National Assembly. Issues that lost traction during the campaign, including governance reform at financial holding firms, digital asset regulation, loan rules for non-resident single-homeowners and a compensation liability system for voice phishing, may return to the agenda in the second half. Regulators have also adjusted ELS sanctions and stepped up work on consumer protection and AI security threats.

Games & Commerce

Naver Plus Membership aims for subscription boost backed by World Cup

Naver Plus Membership is seeking a new surge in sign-ups around the 2026 North America World Cup. Naver will exclusively stream all matches online and on mobile via its streaming platform Chijijik, but full HD live broadcasts and complete replays will be limited to Naver Plus Membership or paid Chijijik subscribers. The company is offering coupons and added Naver Pay benefits for new users, while industry figures question whether rights costs can be recouped through subscriptions alone.