Shin In-sik, President of NH Nonghyup Card (right), and Cho Yong-man, President of Korea Minting and Security Printing Corporation, signed a Memorandum of Understanding (MOU) for the smooth provision of card-type local love gift certificates at the Nonghyup Bank headquarters in Seoul on the 5th and are taking a commemorative photo.

Shin In-sik, President of NH Nonghyup Card (right), and Cho Yong-man, President of Korea Minting and Security Printing Corporation, signed a Memorandum of Understanding (MOU) for the smooth provision of card-type local love gift certificates at the Nonghyup Bank headquarters in Seoul on the 5th and are taking a commemorative photo.

View original image

[Asia Economy Reporter Ki Ha-young] NH Nonghyup Card announced on the 8th that it signed a 'Memorandum of Understanding (MOU) for the Smooth Service Provision of Card-type Local Love Gift Certificates' with the Korea Minting and Security Printing Corporation at the Seoul Nonghyup Bank headquarters on the 5th.


This MOU was promoted to revitalize the local economy by stimulating the distribution and consumption of local love gift certificates through the introduction of card-type local love gift certificates.


On this day, both parties promised overall cooperation in related tasks such as ▲development of card-type local love gift certificates based on check cards ▲enhancement of user convenience ▲stable system operation.


NH Nonghyup Card is expected to contribute to expanding accessibility for issuing and receiving card-type local love gift certificates based on Nonghyup branches located nationwide. The Korea Minting and Security Printing Corporation will showcase convenient service provision and efficient operation based on its experience operating paper-type and QR-type local currencies.


The card-type local love gift certificates to be introduced through this agreement are services that allow payment by linking local love gift certificates charged via an application (app) with check cards issued by NH Nonghyup Card. Card usage is the same as a regular check card, and gift certificate charging is possible through the Chak app, the Korea Minting and Security Printing Corporation's mobile platform.



President Shin In-sik said, "Through the launch of card-type local love gift certificates, we will be able to improve the convenience of local currency payments," adding, "We will become a strong support for the local economy and farmers through the revitalization of local currency."


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing