[Consulting] Drafting electronic payment agent (PG) and prepaid electronic payment instrument related electronic financial transaction usage terms and conditions.

Law firm Veat was commissioned by A, a company operating electronic finance business, to draft the terms of use for electronic financial transactions. 

Law firm Veat drafted the terms of use for electronic financial transactions, including electronic payment agent (PG), prepaid electronic payment instrument issuance and management, to ensure compliance with the “Electronic Financial Transactions Act” and related guidelines. 

As the terms of use for electronic financial transactions establish basic matters regarding electronic financial transactions between companies and users, it is necessary to equip yourself with terms of use that appropriately reflect the company’s electronic financial transaction related services and comply with related laws such as the “Electronic Financial Transactions Act” and the “Act on the Regulation of Contracts for the Performance of Commercial Transactions” (Terms of Use Act). 

Amidst the increasing trend of introducing ‘one-click payment’ services related to our services, and if you are preparing electronic payment agent (PG) introduction, prepaid electronic payment instrument introduction, and terms of use for electronic financial transactions, we recommend consulting with Law firm Veat, which has abundant experience in understanding and consulting related laws such as the “Electronic Financial Transactions Act” and the “Act on the Regulation of Contracts for the Performance of Commercial Transactions”. 

Thank you.
Law firm Veat