The head of the Financial Services Commission emphasized the importance of reforming the country's online payment system in response to significant payment delays at two e-commerce platforms. Kim Byoung-hwan stated that the government will work on establishing new regulations for payment gateway service providers and ensuring the safety of electronic transactions. The recent incidents at TMON and WeMakePrice highlighted the complexities of the payment system in the e-commerce industry, prompting the government to consider redesigning the payment system and improving related regulations. The delayed payments by the two e-commerce platforms, totaling nearly 820 billion won and expected to reach up to 1.3 trillion won, have raised concerns about the stability of the payment system. Kim urged credit card companies to take on a more responsible role in enhancing the system's stability and called for swift resolution of weak real estate project finance loans to address potential threats to the local economy. The financial regulator also highlighted the increasing delinquency ratio on such loans, signaling a need for additional support to resolve bad PF loans.