CU Convenience Store to Use KB Wallet... Business Agreement Signed

At the agreement ceremony held on the 6th at the KB Kookmin Bank New Building in Yeongdeungpo-gu, Seoul, Song Ji-taek, Executive Director of Innovation Division at BGF Retail (left), and Jung Moon-chul, Vice President of the Personal Customer Group at KB Kookmin Bank, are taking a commemorative photo together.

KB Kookmin Bank announced on the 9th that it has signed a business agreement with BGF Retail to expand synergies based on platform and service integration.

Through this business agreement, KB Kookmin Bank and BGF Retail plan to mutually cooperate in various areas, including providing platform-based authentication services, expanding online and offline channel linkage services through infrastructure connection between KB Financial Group and CU stores, and strengthening new product development and joint marketing through payment and data collaboration.

In the future, authentication services using KB Kookmin certificates and KB Wallet will be available at CU convenience stores, and payment linkage services utilizing the KB platform will be provided.

Additionally, cooperation between the two companies will be strengthened in services utilizing infrastructure connections such as convenience store parcel reservation services, as well as in the development of customized financial products and services using payment and big data.

A KB Kookmin Bank official stated, "This agreement is meaningful in that it expands the content and services of both companies through integration beyond traditional partnerships between non-financial and platform sectors," adding, "We will continue to strive to provide new service experiences that customers need."

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