[Asia Economy Reporter Baek Kyunghwan] A service that allows users to check card points scattered across various card companies at once and convert them into cash is experiencing system failures from the first day. This is the result of a large influx of users right after the service started.


The Credit Finance Association's 'Card Point Integrated Inquiry and Account Transfer' app and website, which launched the service at 11 a.m. on the 5th, stopped accepting access from 3 p.m.


The Financial Settlement Service's 'Account Info' app has become difficult to use for card point inquiry services after 1 p.m. The Credit Finance Association stated that the server went down due to overload caused by a temporary surge in users. It is estimated that about 180,000 users checked their card points during the approximately four hours before the server went down.


Meanwhile, the Card Point Integrated Inquiry and Account Transfer service was introduced to improve the inconvenience of having to install each individual card company's app and go through identity verification one by one to cash out card points accumulated on various cards in the past. The service allows users to check points at once and convert them into cash for account transfer. Each point from card companies is calculated as 1 won.



It is interpreted that financial consumers have great interest because they can easily check and cash out leftover card points. This is also why 'Credit Finance Association' and 'Card Point Integrated Inquiry' ranked high in real-time search terms on portal sites that day.


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

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