BBQ Introduces Payment Card System Exclusively for Franchise Store Merchandise Payments

[Asia Economy Reporter Choi Saeng-hye] Genesis BBQ announced on the 3rd that it will introduce a payment-only card system for merchandise payments targeting families (franchisees) in partnership with Shinhan Card.

Until now, families could only pay in cash when purchasing various goods from the headquarters, which required securing a significant amount of cash each time they made a purchase. However, going forward, they will be able to choose to pay with a payment-only card in addition to cash, which is expected to reduce the operational burden on family stores.

Regarding merchandise payments, BBQ previously allowed purchases on credit up to two times. However, during long holidays such as major festivals, families faced significant financial burdens due to securing large quantities of raw and subsidiary materials at once.

BBQ explained, "With the introduction of this payment-only card system, families will secure cash liquidity, allowing them to focus more on products, consumers, and store operations."

The introduction of this payment-only card system for merchandise payments was realized as BBQ accepted the long-standing requests of families by partnering with Shinhan Card. Under the management philosophy of "If the family survives, the headquarters survives," it is part of a policy to actively accept requests and suggestions from families as long as consumers are not harmed.

To implement this payment-only card system, BBQ signed a business agreement with Shinhan Card on the 18th of last month. Through this agreement, BBQ and Shinhan Card will cooperate not only on the payment-only card but also on developing financial products for improving family store environments and operating funds in the future.

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