Hanacard Launches Sangsaeng Payback Refund Estimation Service

Integrated Analysis of Card Spending Across All Companies
Linked with Ministry of SMEs and Startups Policy

On August 20, Hanacard announced the launch of a new service that provides customers with an estimate of their expected refund amount, in line with the Ministry of SMEs and Startups' 'Sangsaeng Payback' policy.

Hanacard Win-Win Payback Service Open. Hanacard

The Sangsaeng Payback policy, which will run from next month through November, offers a refund of 20% of the increase in monthly card spending at small business merchants compared to last year's monthly average, paid in the form of digital Onnuri gift certificates. Each individual can receive up to 100,000 won per month and up to 300,000 won over three months.

The challenge is that card usage data is spread across different card companies, making it difficult for consumers to get an overview of their total spending or to easily determine their eligibility for the refund in advance.

To address this, Hanacard has introduced a service that analyzes monthly spending across all card companies using customers' MyData information and provides an estimate of the expected refund amount. The service is designed to help users predict how much they need to spend to receive the maximum benefit.

Next month, the government is scheduled to open an official page dedicated to the Sangsaeng Payback program. Through this page, consumers will be able to apply for Sangsaeng Payback, check their card spending history, and view their refund amount.

Hanacard plans to link this page with its refund estimation service, making it easier for consumers to access information and complete their applications.

A Hanacard representative stated, "For the government's consumption recovery policy to be effective, it is essential to provide consumers with information they can easily understand," adding, "Through this service, we aim to enhance the policy's impact and expand both the practicality and accessibility of MyData-based financial services."

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