Toss Signs 'Face Pay' Partnership with Hyundai Duty Free... Joint Promotions Planned

Aiming to Launch Service at Incheon Airport Branch Within the Year

Viva Republica, the operator of Toss, announced on November 4 that it has signed a strategic business agreement with Hyundai Department Store Group’s Hyundai Duty Free. The two companies will collaborate to drive digital payment innovation, focusing on Face Pay.

At the business agreement ceremony held at the Toss headquarters in Gangnam-gu, Seoul, Oh Kyuin, Vice President of Toss (right), and Lee Jungmin, Head of Management Support Division at Hyundai Duty Free Shop, are posing for a commemorative photo. Toss

The signing ceremony was held at the Toss headquarters in Yeoksam-dong, Gangnam-gu, Seoul. Key officials from both companies attended, including Oh Kyuin, Vice President of Toss, and Lee Jungmin, Head of Management Support Division at Hyundai Duty Free.

Through this agreement, the two companies will begin full-fledged cooperation to enhance customer convenience and benefits using Toss’s digital payment technologies, such as Face Pay and QR payment.

As early as this year, they plan to launch the Face Pay service at Hyundai Duty Free’s Incheon Airport branch and introduce Toss QR payment at the Trade Center branch.

They also plan to run promotions for airport users in conjunction with Toss Smart Pass. Toss Smart Pass is a service that allows passengers to pass through the departure hall and boarding gates at Incheon International Airport using only facial recognition.

With this agreement, Toss aims to expand its partnerships with offline retail partners, including the duty-free industry. The company plans to broaden the user experience (UX) so that customers can make payments more easily and securely in various retail environments. Toss expects this will expand the base of Face Pay users and strengthen brand trust.

Vice President Oh stated, “The collaboration with Hyundai Duty Free is an important milestone for expanding Toss’s payment technology into offline retail. We will continue to work with a variety of partners so that more customers can enjoy safe and convenient payment experiences.”

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