February 05, 2023

Mobile phone-based foreign currency payments now available in N. Korea: photo

New service is part of government attempt to monitor foreign currency use, experts say

North Koreans and visitors to the country can now make mobile payments in foreign currency through a prepaid card, an instructional poster for the country's Narae card seen by NK News at the Yanggakdo International Hotel in April shows.

Customers can use their “electronic payment card” to pay for items at “all units using foreign currency in the country”, the sign says.