Incheon City to Install Unmanned Currency Exchange Machines at Five Subway Stations Including Bupyeong and Incheon Terminal
On April 14, Incheon City announced plans to install unmanned currency exchange machines at five Incheon subway stations by next month to enhance currency exchange convenience for both domestic and foreign users.
The machines will be installed at stations with high foot traffic, including Bupyeong Station, Incheon Terminal Station, Technopark Station, Gyeyang Station, and Geomam Station.
The unmanned currency exchange machines can convert up to 15 foreign currencies into Korean won and allow users to purchase major foreign currencies such as US dollars and Japanese yen. In addition, users can recharge foreign currency onto cards via a mobile app, and the machines are equipped with braille buttons and voice guidance services.
Foreigners are exchanging currency at an unmanned currency exchange machine installed at Incheon subway station. Provided by Incheon City.
View original imageCurrently, there are a total of 24 unmanned currency exchange machines operating in Incheon, but most are located at hotels (17 units) or airports, which has raised concerns about limited accessibility.
Incheon is the fourth largest city in Korea in terms of foreign resident population, with approximately 169,000 foreign residents. In addition, the number of foreign tourists in 2024 increased by 43% compared to the previous year, reaching about 1.03 million, and demand for currency exchange continues to rise.
Hot Picks Today
“Nothing Left to Protect” as Japan Drops Its ...
- "Only the Top 1% Winning Big in Stocks Smile... '300 Million Won Splurges' or '1...
- "Paying More Than the Listed Price?"... Academies Caught in the Act of Illicit T...
- Applied Just for Skin Soothing...Study Finds It Suppresses Antibiotic Resistance
- "Please Launch It in Korea!" After All the Hype... This Coffee Finally Arrives i...
A city official explained that the installation of unmanned currency exchange machines in subway stations is in response to growing demand for currency exchange and global-level urban services, as both domestic and international travel by residents and visitors in Incheon increases.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.