Kakao Pay Card 2 Released

[Asia Economy Reporter Buaeri] Kakao Pay announced on the 26th that it will launch the hybrid prepaid and debit payment card 'Kakao Pay Card 2.'

Kakao Pay Card 2 is a card that allows you to insert a desired message (up to 18 characters) instead of the card number and expiration date. Since the card information is not exposed on the card plate, it has the advantage of enhanced security. The card number can be checked via mobile on the KakaoTalk or Kakao Pay application (app).

If you want the traditional form with a card number and expiration date, you can select the basic type when applying.

Kakao Pay Card 2 introduces a round-shaped design never seen before. The bottom is rounded to add a soft and stylish feel, and it offers three design options featuring Kakao Friends characters: Ryan, Apeach, and Silhouette, expanding the range of choices.

New features have also been added to enhance user convenience. On the back of the card, a 'Kakao Pay Membership' barcode is printed, which allows accumulation and use of 38 major memberships such as Happy Point, CJ ONE, Shinsegae Point, and Ediya, making it more convenient.

It can be used at over 100 nationwide offline stores affiliated with memberships partnered with Kakao Pay, and the number of partner brands is expected to expand further.

Kakao Pay's exclusive automatic recharge prepaid transportation card function has also been added. Without needing to visit convenience stores to recharge the transportation card, it is automatically recharged with Kakao Pay Money, and in case of loss or cancellation, refunds can be easily received via Kakao Pay Money, improving the inconveniences of existing prepaid transportation cards.

A Kakao Pay official stated, "As we have made various attempts with user-centered design and functions, we hope it will establish itself as a payment method that makes users' daily lives more convenient."

Meanwhile, the 'Kakao Pay Card,' first launched in January 2018, is the fintech industry's first hybrid prepaid and debit payment card connected to Kakao Pay Money charged from financial accounts, allowing payments at all offline card merchants nationwide. It allows free connection and change of accounts without restrictions from specific institutions. The cumulative number of issued cards has reached 1.5 million to date.

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