Shinhan Card Signs Digital Business Cooperation MOU with Severance Hospital

Reservation and Payment for Medical Treatment Available via Shinhan PayFAN App

Lim Young-jin, President of Shinhan Card (left), and Lee Byung-seok, Director of Severance Hospital (right), are taking a commemorative photo after signing a memorandum of understanding (MOU) for a digital healthcare service partnership in the director's office meeting room at Severance Hospital in Sinchon, Seoul, on the 15th.

[Asia Economy Reporter Ki Ha-young] Shinhan Card is expanding its footprint into the non-face-to-face medical reservation and payment platform market by partnering with Yonsei Medical Center.

Shinhan Card announced on the 16th that it signed a memorandum of understanding (MOU) for a digital healthcare service partnership with Severance Hospital of Yonsei Medical Center.

The event took place on the 15th at Severance Hospital in Sinchon, Seoul, attended by Shinhan Card CEO Lim Young-jin and Severance Hospital Director Lee Byung-seok.

Severance Hospital of Yonsei Medical Center has been leading the digitalization of medical services since introducing the hospital application 'My Severance' in 2018. Shinhan Card, with 24 million members, expects to lead the digital healthcare market by combining the country's top mobile lifestyle payment platform Shinhan PayFAN with Yonsei Medical Center's medical service expertise.

Earlier, in June, Shinhan Card launched the 'My Healthcare' service on the Shinhan PayFAN app, enabling one-stop services from appointment booking to payment at Severance Hospital. My Healthcare is currently available at Severance Hospital, Gangnam Severance Hospital, and Chung-Ang University Hospital, with plans to expand to 10 hospitals by the end of the year.

A Shinhan Card official stated, "With the spread of the novel coronavirus infection (COVID-19), interest in non-face-to-face services is increasing, and digital healthcare services using mobile apps are expected to gradually expand."

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