Korea Post to Take Over 'Electronic Card for Construction Sites' Project
On the 2nd, postal workers who completed a safe driving pledge ceremony on Sejong-daero in Seoul are parading in micro electric vehicles. Photo by Mun Ho-nam munonam@
View original image[Asia Economy Reporter Junho Hwang] The Korea Post has been selected as the entrusted operator for issuing electronic cards to construction workers. Through this project, construction workers will be able to manage their attendance records and enjoy the benefits of the check card using the Korea Post Check Card.
On the 30th, the Ministry of Science and ICT’s Korea Post announced that it was finally selected as the entrusted operator for issuing electronic cards to construction workers. The electronic card project for construction workers is a government initiative to manage attendance and career records of construction workers. From November this year, construction workers will be required to use this card when entering and leaving construction sites.
Construction workers who receive electronic cards through the Korea Post Check Card can enjoy preferential interest rates when opening demand deposit accounts at the post office. They can also receive cashback benefits when using the card in industries such as food service, medical expenses, telecommunications, convenience stores, and lodging. Additionally, services such as mail, parcel delivery, EMS, Korea Post Shopping, and Internet Post Office can be used at discounted rates, and they can subscribe to Holiday Accident Insurance for 1,000 KRW to prepare for various accidents or disasters. Withdrawals and transfers to other banks via domestic ATMs or electronic finance outside business hours are exempt from all fees. Overseas remittance ATM fees are also discounted by 70%.
The Korea Post supports construction workers to easily and conveniently apply for and receive electronic cards in cooperation with over 600 post offices nationwide and construction sites.
Hot Picks Today
"Now Our Salaries Are 10 Million Won a Month" Record High... Semiconductor Boom Drives Performance Bonuses at Major Electronic Component Firms
- Wallets Open Wide on Big News...300 Trillion Won Heads to the U.S., "Tax Breaks" Fail to Keep Funds at Home
- "Hope You Enjoy the 'Welfare' for Bereavement of Children"... Ridicule of Strike Non-Participants Intensifies Union Conflict at Samsung Electronics
- "Heading for 2 Million Won": The Company the Securities Industry Says Not to Doubt [Weekend Money]
- Experts Already Watching Closely..."Target Price Set at 970,000 Won" Only Upward Momentum Remains [Weekend Money]
Park Jong-seok, head of the Korea Post, said, "It is very meaningful that the Korea Post is participating as the card operator in the electronic card project, which the government is focusing on to expand construction jobs. We will contribute to the establishment of the electronic card system through the Korea Post network and its connection with construction sites, and strive to improve the quality of life of construction workers through various Korea Post service benefits."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.