URL copied successfully.
Press CTRL+V or paste display URL.
| Article 49 (Penalty provisions) |
| (1) | Any of the following persons shall be punished by imprisonment with labor for not more than 10 years, or by a fine not exceeding 100 million won: <Added on Oct. 15, 2014; Dec. 16, 2025> |
| 1. | A person who accesses any electronic financial infrastructure or fabricate, destroy, conceal, or leak any stored data, in violation of subparagraph 1 of Article 21-4; |
| 2. | A person who destroys any data or installs programs, such as a computer virus, a logic bomb, a mail bomb, in violation of subparagraph 2 of Article 21-4; |
| 3. | A person who sends mass signal, high-powered electromagnetic wave or data simultaneously or causes errors or hindrance to electronic financial infrastructure, in violation of subparagraph 3 of Article 21-4; |
| 4. | A person who fails to separately manage prepaid recharge funds and uses such funds for purposes other than electronic payment transactions using prepaid electronic payment means, in violation of Article 25-2 (1); |
| 5. | A person who fails to externally manage funds subject to settlement and uses such funds for purposes other than electronic payment settlement agency services, in violation of Article 25-4 (1); |
| 6. | A person who provides or leaks any electronic financial transaction information to any other person or uses such information for any purpose other than his or her duties (including a person issuing a prepaid electronic payment means applicable |
| (2) | Any of the following persons shall be punished by imprisonment with labor for not more than seven years, or by a fine not exceeding 50 million won: <Amended on May 22, 2013; Oct. 15, 2014> |
| 1. | A person who forges or alters a means of access; |
| 2. | A person who arranges the sale of, sells, exports, imports, or uses a forged or altered means of access; |
| 3. | A person who arranges the sale of, sells, exports, imports, or uses a lost or stolen means of access; |
| 4. | A person who intrudes into any electronic financial infrastructure or any electronic apparatus for electronic financial transactions to acquire a means of access by fraud or other unjustifiable means, or conducts electronic financial transactions by using the means of access so acquired; |
| 5. | A person who arranges the sale of, sells, exports, imports or uses a means of access which was extorted, embezzled, or acquired by deceiving or blackmailing other person; |
| 6. | Deleted. <Oct. 15, 2014> |
| (3) | Electronic currencies shall be deemed valuable securities with respect to which a person might be charged with any of the crimes prescribed in Articles 214 through 217 of the Criminal Act, and a crime involving with electronic currencies shall be subject to the punishment provided for in each of such Articles, correspondingly. <Amended on Oct. 15, 2014> |
| (4) | Any of the following persons shall be punished by imprisonment for not more than five year or by a fine not exceeding 30 million won: <Added on May 19, 2020> |
| 1. | Any person who acquires or transfers a means of access in violation of Article 6 (3) 1; |
| 2. | Any person who borrows or lends a means of access, or storing, delivering or distributing a means of access, in violation of Article 6 (3) 2 or 3; |
| 3. | Any pledger or pledgee who violates Article 6 (3) 4; |
| 4. | Any person who conducts arrangement, brokerage, advertisement, or solicitation while receiving, requesting, or promising in return, in violation of Article 6 (3) 5; |
| 5. | A person who is provided with or provides information related to an account, or a person who keeps, conveys, or distributes an account, in violation of Article 6-3. |
| (5) | Any of the following persons shall be punished by imprisonment with prison labor for not more than three years, or by a fine not exceeding 20 million won: <Amended on Dec. 31, 2008; Jan. 20, 2015; Jan. 27, 2016; May 19, 2020; Sep. 14, 2023> |
| 1. | Deleted; <May 19, 2020> |
| 2. | Deleted; <May 19, 2020> |
| 3. | Deleted; <May 19, 2020> |
| 4. | Deleted; <May 19, 2020> |
| 5. | Any person who performs the duties without permission or registration under Article 28 or 29; |
| 6. | Any person who obtains permission or registration under Article 28 or 29 by fraudulent or other illegal means; |
| 6-2. | A person who engages in small-amount post-payment business without obtaining approval, in violation of Article 35-2 (1); |
| 7. | Any person who conducts a transaction by electronic currency, etc. under the name of another chain store in violation of Article 37 (3) 3; |
| 8. | Any person who has conducted, as an agent, transactions by electronic currency, etc. in violation of Article 37 (3) 5; |
| 9. | Any person who conducts a transaction by electronic currency, etc. under the name of another chain store in violation of Article 37 (4); |
| 9-2. | A person who finances a user through small-amount post-payment business by engaging in any of the following acts, or a person who mediates, arranges, solicits, or advertises such business: |
| (a) | An act of pretending to provide goods or services or trading or acting on behalf of another in excess of the actual sales amount; |
| (b) | An act of purchasing at a discount goods or services which users provided with the small-amount post-payment business have purchased through the business. |
| 10. | Any person who peruses or is provided with electronic financial transaction information by fraudulent or other illegal means. |
| (6) | A person who steals another's property shall be punished by imprisonment for not more than one years or by a fine not exceeding 10 million won. <Amended on May 19, 2020> |
| 1. | Deleted; <Dec. 31, 2008> |
| 2. | Deleted; <May 22, 2013> |
| 3. | Any person who refuses to provide goods or services, or treats any user unfavorably, on grounds of transaction by electronic currency, etc. in violation of Article 37 (1); |
| 4. | Any person who charges a user a merchant fee to be borne by the relevant chain store in violation of Article 37 (2); |
| 5. | Any person who lend the name of a chain store to a third party in violation of Article 37 (3) 4; |
| 6. | Any person who engages in an activity falling under any subparagraph of Article 45 (1) without authorization under Article 45 (1). |
| (7) | An attempt to commit the crimes referred to in paragraphs (1) 1, 2, and 3 and (2) 1, 2, and 4 shall be subject to punishment. <Amended on Oct. 15, 2014; May 19, 2020> |
| (8) | Imprisonment with labor and a fine under paragraphs (1) through (7) may be imposed concurrently. <Amended on May 19, 2020> |