Kakao Pay links existing check cards to Kakao Pay Money
Translated from Korean, summarized and contextualized by DistantNews.
At a glance
- Kakao Pay has launched a new service allowing users to link their existing check cards with Kakao Pay Money.
- This feature, initially available for Hana Card users, enables payments using the linked Kakao Pay Money balance without reissuing the card.
- Kakao Pay plans to expand this service to more partner card companies and is offering a year-end promotion with extra rewards for new users.
Kakao Pay has introduced an innovative service that allows users to connect their current check cards with Kakao Pay Money, offering a new layer of convenience for digital payments. This feature, dubbed 'My Card Money Connection,' eliminates the need for users to obtain new cards. Instead, they can link their existing check cards to their Kakao Pay Money balance, enabling seamless transactions.
The service is initially rolling out to users of Hana Card check cards, with plans to gradually expand to other affiliated card companies. Kakao Pay highlighted that this is the first time in South Korea that a service allows users to link prepaid balances to already issued check cards.
"'My Card Money Connection' combines the convenience of Kakao Pay Money with the familiarity of a physical check card that users are accustomed to," a Kakao Pay representative explained. "The strength of this service lies in allowing users to enjoy the convenience of Kakao Pay Money with their existing check cards without needing to reapply for a new one."
My Card Money Connection is a service that combines the convenience of Kakao Pay Money with the familiarity of a physical check card that users are accustomed to. The strength of this service lies in allowing users to enjoy the convenience of Kakao Pay Money with their existing check cards without needing to reapply for a new one.
Currently, Kakao Pay Money can be linked to accounts from various banks. This new service allows users to charge their Kakao Pay Money from their preferred bank account and then use their existing check card for payments. To celebrate the launch, Kakao Pay is running a promotion until the end of the year, offering an additional 1% reward on payment amounts for users who sign up for the service and participate in the event.
Kakao Pay aims to enhance its services by expanding the connectivity of Kakao Pay Money with various payment methods, ensuring users can experience flexible and convenient payments anytime, anywhere.
Going forward, we will continue to enhance our services by expanding the connectivity of Kakao Pay Money with various payment methods, ensuring users can experience flexible and convenient payments anytime, anywhere.
Originally published by Dong-A Ilbo in Korean. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.