Shinhan Card announced this plan at the Shinhan Card headquarters in Euljiro, Seoul, on the 15th at the business strategy meeting for the first half of 2021 attended by management including President Lim. Shinhan Card set a goal of making a leap forward as a digital pay player this year by setting its digital handling amount to 40 trillion won, about 10 trillion won more than last year. The digital handling amount refers to the total amount of payments made by simple payments such as Shinhan Card’s PanPay, KakaoPay, and Naver Pay, as well as existing online card payments. It is planning to increase the proportion of digital transactions to a quarter of total credit sales.
This business strategy meeting will share a plan to achieve goals for each business line under the company-wide strategic direction for 2021, called’DEEP-tact’, and have a discussion time of a bottom-up method for the evolution to a first class. It proceeded in order. In particular, during the discussion session, four themes are centered on’Gye (former, growth strategy for 10 years), mother (former, priority tasks for 2021), form (form, winning organization), tax (勢, rapid execution)’. As a result, various ideas and intense discussions among department heads were opened.
The’Gye Model Hyungse’ was presented by Chairman Yong-Byeong Cho to survive in today’s complex era at the ‘2021 Shinhan Management Forum’ attended by the top management and executives of group companies in Shinhan Financial Group on the 4th. Shinhan Card said that this meeting was also carried out with the keyword.
President Lim Young-jin said, “It is important to improve fundamental competitiveness, future competitiveness, and rapid execution ability.” “We will prepare for tomorrow by promoting new businesses focusing on data and digital along with establishing a solid foundation in the field of payment and consumer finance. “Let’s further increase the speed of the process and execution”
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