Timon and Wemakeprice Crisis Also Affects Gaming Industry... Happy Money Payment Suspended
Interpreted as Prevention of Accounts Receivable Risk 발생
As the settlement delay crisis at Wemakeprice and Tmon spreads, the gaming industry has also temporarily suspended the payment service using Happy Money gift certificates, which were sold in large quantities at a discount on Tmon.
According to the gaming industry on the 26th, major domestic game companies such as NCSoft, Nexon, Netmarble, Krafton, Kakao Games, and Smilegate have temporarily suspended payment services using Happy Money gift certificates. The overseas game company Riot Games has also suspended payments using Happy Money gift certificates, as well as Cultureland gift certificates, Book Culture gift certificates, Smart Munsang, and Teen Cash.
As Wemakeprice and Tmon faced growing controversy by delaying settlements and refunds for sellers and consumers due to liquidity shortages, the gaming industry is interpreted to have started suspending gift certificate payments to prevent the risk of accounts receivable.
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Wemakeprice and Tmon recently gained popularity by selling various gift certificates, including the prepaid recharge 'Tmon Cash,' at discounted prices using a 'pre-order then use' method. In the case of Happy Money gift certificates, the 50,000 KRW voucher was sold at a 7.5% discount for 46,250 KRW.
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