GS Retail Launches Easy Payment 'GS Pay'... Expanding Synergy Between Online and Offline Commerce
Pay customers earn 2% points anytime · One-click easy payment for amounts under 100,000 won
[Asia Economy Reporter Jo In-kyung] GS Retail announced on the 11th that it will provide a more convenient online and offline commerce shopping environment to its 26 million integrated members through the simple payment fintech system 'GS Pay.'
GS Pay can be used after signing up through GS Retail's digital platforms such as GS Shop and Marketfo, and it is planned to be further developed so that payments can be made at offline stores such as GS25 and GS The Fresh by signing up through the The Pop (GS Retail mobile app) app in the future.
When customers register their credit card or linked payment account with GS Pay, they can conveniently use one-click payment across all GS Retail online and offline commerce channels with just one click.
It is also notable that, as the first in the distribution industry, one-click payment is possible without entering a password for payments under 100,000 won, and that KB Kookmin Bank's FDS (Fraud Detection System) is applied to provide a secure payment service.
GS Retail plans to expand GS Pay partnerships to third parties including major affiliates such as GS Caltex and well-known franchises to secure additional customers, and expects that simple payments will also increase customers' purchase amounts.
GS Pay payment customers will be provided with a permanent 2% point accumulation, as well as monthly exceptional discount shopping benefits and customized shopping information through payment data analysis.
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Park Sol-ip, Head of Strategy at GS Retail, said, "GS Pay will be a concrete example of linking and expanding synergy between integrated GS Retail's online and offline commerce," adding, "We aim to propose a new lifestyle to customers and offer an enjoyable shopping experience through expanding partnerships and linking with financial services."
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