[Asia Economy Reporter Hyunseok Yoo] Techfin company SettleBank, jointly established with KT, is launching the simple cash payment service ‘KT Membership Naetongjang Payment’ within KT Membership at Tous Les Jours stores nationwide, marking a full-scale expansion of offline franchise stores.


According to the company, through this partnership, KT Membership Naetongjang Payment customers can conveniently use payment and membership discounts in a one-stop manner at Tous Les Jours offline stores nationwide.


Previously, SettleBank expanded the KT Membership Naetongjang Payment service, which was only available for online movie reservations and other uses, into the offline payment sector, providing payment services at approximately 15,000 GS25 convenience store locations nationwide as its first partner.


SettleBank plans to continuously expand offline partnership franchise stores targeting KT Membership affiliated brands to enhance convenience for Naetongjang Payment users.


SettleBank’s Naetongjang Payment is a combined payment service designed to improve customer inconvenience caused by having to separately present membership barcodes and make double payments, allowing the use of membership points simultaneously with payment.


SettleBank stated, “KT Membership Naetongjang Payment not only improves customer payment convenience but also contributes to increased customer satisfaction by reducing fees and shortening payment times from the franchisee’s perspective. We will continue to expand Naetongjang Payment service partnerships in the offline sector.”



Meanwhile, SettleBank continues to introduce cash-based payment services that enhance convenience for various financial customers, including thin filers. In January, it launched the ‘010 ZeroPay’ app in connection with ZeroPay, allowing the purchase of about 50 types of mobile local currencies at discounted prices.


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