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Electronic Financial Transactions Act — Article 36-3 (Rules of conduct for electronic payment settlement agents)

전자금융거래법 제36조의3

(1) An electronic payment settlement agent shall settle and pay the consideration received within the period stipulated in the electronic payment settlement agency contract; provided, this shall not apply where there is a good cause prescribed by Presidential Decree.

(2) Where an electronic payment settlement agent violates paragraph (1), the Financial Services Commission may order corrective action within a specified period.[This Article Added on Dec. 16, 2025]

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