Hanacard Surpasses 4 Million Subscribers for 'Travelog'

Hanacard announced on the 28th that the number of subscribers to its overseas travel service 'Travelog' has surpassed 4 million.

Travelog is a service by Hana Financial Group that supports mobile currency exchange 24 hours a day, 365 days a year. It allows users to enjoy cashless overseas travel through digital currency exchange without having to visit bank branches to obtain physical currency.

The number of Travelog subscribers reached 3 million on November 23 last year. Since then, in less than 100 days, an additional 1 million subscribers have been added, continuing its growth trend.

The issuance points for the Hana Travelog check card have also expanded from 61 stores at the end of last month to all branches nationwide as of the 22nd of this month. The number of currencies supported by Travelog is currently 26 and will increase by 15 more to a total of 41 in April.

According to statistics from the Credit Finance Association, Travelog has maintained the number one position in overseas check card market share for 13 consecutive months since January last year. The market share rose from the mid-20% range at the beginning of last year to surpass 39.2% at the beginning of this year. The usage amount of overseas check cards increased to about 170 billion KRW per month at the beginning of this year.

Lee Seok, Group Head of Hana Card's Digital Global Group, explained, “Travelog fundamentally differs from recently launched foreign currency account-based services,” adding, “The success factor of Travelog is providing a convenient and enjoyable experience of exchanging currency in just 3 seconds without fees through the Hana Money application, instead of the traditional experience of visiting a bank before travel and paying fees for currency exchange.”

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