Lotte, Shilla Duty Free, and NongHyup Bank Sign MOU

Korea Airports Corporation is promoting the development of an airport duty-free payment service using palm vein biometric information.


On the 20th, the corporation signed a Memorandum of Understanding (MOU) to jointly develop a One ID payment service using biometric information with Lotte Duty Free, Shilla Duty Free, and NongHyup Bank.

(From left) Lee Seok-yong, President of NongHyup Bank; Yoon Hyung-joong, President of Korea Airports Corporation; Kim Ju-nam, CEO of Lotte Duty Free; and Kim Tae-ho, CEO of Shilla Duty Free, are posing for a commemorative photo at the "Duty-Free Store Bio-Payment Business Agreement Ceremony" held on the 20th at the Korea Airports Corporation headquarters in Gangseo-gu, Seoul. <br>[Photo by Korea Airports Corporation]

(From left) Lee Seok-yong, President of NongHyup Bank; Yoon Hyung-joong, President of Korea Airports Corporation; Kim Ju-nam, CEO of Lotte Duty Free; and Kim Tae-ho, CEO of Shilla Duty Free, are posing for a commemorative photo at the "Duty-Free Store Bio-Payment Business Agreement Ceremony" held on the 20th at the Korea Airports Corporation headquarters in Gangseo-gu, Seoul.
[Photo by Korea Airports Corporation]

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One ID is a passenger check-in service that allows boarding using biometric information instead of the ID card or boarding pass required during the boarding process. Through this agreement, the procedure of verifying the boarding pass and ID and paying by card when purchasing duty-free goods can be simplified with just one biometric authentication.


The corporation plans to introduce this service to other commercial facilities within the airport, such as food and beverage stores, in the future.



Yoon Hyung-jung, President of Korea Airports Corporation, stated, “With this agreement, we expect the payment process for purchasing duty-free goods at the airport to be dramatically improved by developing a payment service utilizing biometric information,” and added, “We will continue to expand convenience for airport users through converged services using new technologies of the 4th Industrial Revolution.”


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

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