Lotte Card launches 'L.Pay by Lollacard' with Lotte Members
Earn 2% L.Point on L.Pay payments over 400,000 won last month... Check Card Also Released
[Asia Economy Reporter Yoo Je-hoon] Lotte Card announced on the 7th that it has launched 'L.PAY by Lollacard' in collaboration with Lotte Members.
L.PAY by Lollacard features a maximum 2% L.POINT accumulation benefit. If the previous month's usage amount is 400,000 KRW or more, 2% L.POINT is accumulated when paying with L.PAY, and 1% L.POINT is accumulated at all other merchants for other payments. L.PAY payment refers to registering the L.PAY by Lollacard in the L.PAY payment tab within the L.POINT app and making payments with L.PAY.
The accumulation limit is up to 10,000, 20,000, and 50,000 points for usage amounts of 400,000, 800,000, and 1,200,000 KRW or more in the previous month, respectively. Even if the previous month's usage is less than 400,000 KRW, 0.1% is accumulated without limit. Additionally, until the 28th, an event is being held where 20% of the L.PAY payment amount is additionally accumulated up to 50,000 points regardless of last month's usage amount.
The L.PAY by Lollacard also includes the 'Club Lolla Service.' If the previous month's usage is 400,000 KRW or more, benefits such as discounts and vouchers are provided at popular food and beverage franchises, coffee shops, delivery services, hotels & resorts, dining, beauty, and airports.
Meanwhile, Lotte Card also introduced the L.PAY by Lolla check card. This card accumulates 0.2% L.POINT without limit at nationwide merchants when the average monthly usage over the past three months is 100,000 KRW or more, and the Club Lolla Service is provided if the previous month's usage is 200,000 KRW or more.
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A Lotte Card official stated, "This card offers optimized L.POINT accumulation benefits when using the L.PAY service, which allows easy payment at online and offline merchants," adding, "The accumulated L.POINT can also be used like cash at over 500,000 merchants nationwide, making it very convenient."
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