What are the main changes to processing payment using KRW?

If you purchase in KRW with DDP incoterms, TI‘s selling entity will be Texas Instruments Korea Ltd. Invoicing will be done according to local tax regulations and you will see a 10% VAT tax charged during checkout. Texas Instruments Korea Ltd will be responsible for customs clearance into South Korea. Also, with KRW transaction, you will not pay additional exchange rate fees from credit card payments nor experience a fluctuating price based on the exchange rate in real-time. 

Related links

arrow-right What South Korean credit cards can I use to make a purchase?
arrow-right What are the steps for checking out with Korea-issued credit cards and receiving a credit card sales receipt for VAT tax claim?
arrow-right What is the exchange rate used for the price in KRW?
arrow-right How do I download a quotation of my cart?

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