GLN International launches QR payments in South Korea

By Leandra Monteiro

GLN International announced the launch of the QR payment service in South Korea in collaboration with Taishin Bank from Taiwan.

Through Taishin’s e-wallet service, Taishin Pay, Taiwanese tourists visiting Korea can conveniently make QR payments with Taishin Point generated by credit card consumption only at major domestic merchants such as duty-free shops, convenience stores, and coffee shops without cash in hand. They can also enjoy the benefits of lower transaction fees compared to overseas credit card usage.

Taishin is planning to launch a cashback promotion for Taishin Pay customers visiting Korea, and it also aims to expand the range of preferred travel services by collaborating with various Korean merchants and tourist attractions.

Since it entered into the partnership with Taishin in 2019, GLN has been providing Korean tourists visiting Taiwan with payment services at 30,000 merchants across Taiwan with applications from Hana Bank, Hana Money, and Toss.

Kim Kyung-ho, CEO of GLN International said, “We are very delighted that Taishin Pay customers can now conveniently use QR payment services in Korea.” He added, “In the near future, we plan to establish networks to enable customers using e-wallet apps from Japan, Singapore, Vietnam, and Thailand to make payments in Korea. We aim to provide services available at approximately 1.5 million merchants nationwide, including ZeroPay merchants.”

With the launch of the Taishin Pay QR payment service with Korean merchants, GLN completed the establishment of a two-way payment service between Korea and Taiwan and plans to further expand to two-way ATM withdrawal services as well.