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KakaoPay faces police probe in South Korea over alleged unauthorized data transfer to Alipay

By Jenny Lee ( September 5, 2024, 08:09 GMT | Insight) -- KakaoPay, the online payment arm of South Korean tech giant Kakao, is facing a police investigation for allegedly transferring personal-credit data to China's Alipay without customer consent. The Seoul Suseo Police Station recently initiated a probe into KakaoPay's handling of personal data in international-payment processing, MLex was told, following a complaint from a civic group accusing the company and its current and former CEOs of violating South Korea's Credit Information Use and Protection Act.KakaoPay, the online payment arm of South Korean tech giant Kakao, is facing a police investigation for allegedly transferring personal-credit data to China's Alipay without customer consent....

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