Japan also connected through the 'Hana' network

Partnership as the Fourth GLN Service Country

[Asia Economy Reporter Kim Min-young] Hana Financial Group launched its Global Loyalty Network (GLN) service in Japan starting from the 14th. This marks the fourth country to receive the service, following Taiwan, Thailand, and Vietnam.

According to financial circles and foreign media, Hana Financial Group partnered with Japan's payment service provider 'Nippon Platform' to begin offering the GLN service from this day.

GLN is a flagship project of Hana Financial Group's 'Digital and Global Convergence' strategy. It is a global payment hub platform that connects financial institutions, retail companies, and point service providers worldwide into a single network, enabling free mobile remittance, payment, and ATM withdrawals without border restrictions. Hana Financial Group introduced GLN in April last year after more than two years of development.

On the 3rd, the headquarters of Hana Bank in Jung-gu, Seoul, displayed the brand name "Hana Bank" without "KEB." Hana Bank announced that from this day forward, it will change its brand name from KEB Hana Bank to "Hana Bank" and embark on a new start as the New Hana Bank preparing for the next 10 years. Photo by Hyunmin Kim kimhyun81@

Users can convert 'Hana Money,' a type of digital currency, into each country's GLN Money through Hana Financial Group's integrated membership application, Hana Members, or partner companies' own apps to use the service. This eliminates the need for separate currency exchange procedures.

Barcode or QR code payments can be made at overseas merchants displaying the GLN sticker. In Japan, the service is initially available at cafes, restaurants, clothing stores, and souvenir shops in Tokyo and Fukuoka. There are plans to expand the number of affiliated merchants in the future.

Previously, in April last year, Hana Financial Group launched the first GLN-based payment service in Taiwan. The service is available at Taiwan's largest duty-free store Ever Rich, night markets, vending machines, and more. Since September of the same year, GLN services have also been available in Thailand, with about 3 million affiliated merchants. It can be used at essential Bangkok transportation BTS, Thailand's representative department store Central Chidlom, as well as popular tourist destinations such as Iconsiam shopping mall, Chatuchak weekend market, Gourmet Market, and Big C Mart. Recently, partnerships were established to enable the service at cafes, restaurants, and spas in Da Nang and Hoi An, Vietnam. Currently, the number of GLN service users is known to be approximately 85 million. Hana Financial Group plans to expand the countries and services available for global payments through GLN to Hong Kong, Singapore, Indonesia, and others.

This content was produced with the assistance of AI translation services.