NH Nonghyup Card Provides Financial Support to Customers Affected by COVID-19... Card Payment Deferral
Support for 1 to 6 Months Deferred Billing of Credit Card Payments for Affected Franchise Owners and Customers
[Asia Economy Reporter Ki Ha-young] NH Nonghyup Card announced on the 6th that it will provide financial support to small merchants and customers affected by the novel coronavirus infection (Wuhan Pneumonia).
NH Nonghyup Card decided to support small merchants and customers confirmed to have suffered damages such as hospitalization and quarantine due to the novel coronavirus infection, and business suspension caused by visits from confirmed patients.
Customers confirmed to have suffered damages and small merchants with annual sales of 500 million KRW or less can receive a deferral of credit card payments (lump sum, installment, cash service, revolving, card loan) for a minimum of 1 month up to a maximum of 6 months.
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Additionally, regardless of damage confirmation, all individual members using NH Nonghyup Card will be offered 2 to 5 months interest-free installments when using hospital and pharmacy sectors. The interest-free installment period is from the 10th of this month to June 30th, and the provision period may change.
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