Kim Jungyeol, Former Tmoney Payments Division Head, Appointed as New Vice President of Toss Place

Veteran in Electronic Finance Industry
Strengthening External Partnerships

Toss Place, the payment terminal subsidiary of Toss, announced on September 8 that it has appointed Kim Jungyeol as its new Vice President and Chief Operating Officer (COO).

Kim Jungyeol, the newly appointed Chief Operating Officer (COO) and Vice President of Toss Place. Toss Place

Vice President Kim previously served as Head of the Payments Division and Head of Marketing at Tmoney. He oversaw major projects such as the introduction of the Seoul Climate Companion Card and Apple Pay transportation card. He is a veteran with over 20 years of experience in the electronic finance sector.

Toss Place stated that Vice President Kim will be responsible for overseeing key business areas, including scaling up business operations and strengthening the partner ecosystem.

Vice President Kim said, "Toss Place will evolve beyond simply supplying terminals to become a business-to-business (B2B) platform," adding, "We will create new business opportunities based on the trust we have already built."

A Toss Place representative commented, "With Vice President Kim joining, we will actively support partners such as value-added network (VAN) providers and agencies, and further strengthen our business growth drivers."