Shinhan Card Shinhan Paypan expands mobile payments to overseas NFC affiliates

Shinhan Card Shinhan Paypan expands mobile payments to overseas NFC affiliates

Article input: 2021-01-18 09:14:31




Shinhan Card Shinhan Paypan expands mobile payments to overseas NFC affiliates
Image provided = Shinhan Card

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In preparation for the post-corona era, Shinhan Card plans to increase customer benefits through preemptive investment in digital infrastructure and mobile payments.

Shinhan Card (President Lim Young-jin) announced on the 18th that it has expanded its overseas mobile payment service to UPI following Visa and Master.

As a result, any Shinhan Card customer can easily use Visa, Master, and UPI brand cards registered through Shinhan PayFAN (hereinafter referred to as Shinhan PayFAN) at NFC member stores around the world.

In particular, if you use an overseas mobile payment service, you can use it at all terminals that support NFC payment, such as vending machines and duty-free shops, as well as local general affiliate stores through Shinhan Paypan, even without having a physical plastic card.

In addition, transportation services are available in major overseas cities such as London, Guangzhou, and Singapore, so you can conveniently use it without the hassle of purchasing a ticket every time you board.

A Shinhan Card official said, “Shinhan Paypan, which has been leading mobile payments starting with the first smartphone NFC payment service in Korea, is evolving into a payment platform that encompasses domestic and overseas brands through expansion of overseas brand companies. “We will do our best to establish itself as a comprehensive platform for living finance that customers first choose.”

Jang Soon-young, Big Data News reporter [email protected]

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