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Korea Financial Telecommunications and Clearings Institute ( Korean: 금융결제원, KFTC) is a non-profit organization which manages several inter-bank payment systems in South Korea.
G2A PAY was G2A.COM’s online payment gateway. Introduced in January 2015, [22] it supported over 200 local and global payment methods (as of November 2018). Thanks to a 2015 partnership with BitPay, a US-based automated processing system for bitcoin-based currencies, payments using bitcoins were made available on the marketplace as well.
Specialized banks are financial institutions established under a special act, not the Korean Banking Act. [1] The South Korean government owns the majority of its shares in the Korea Development Bank, Industrial Bank of Korea, and Korea Eximbank.
Hana Bank ( Korean : 주식회사 하나은행; RR : Jusik Hoesa Hana Eunhaeng; also known as KEB Hana Bank outside South Korea) is a commercial bank headquartered in Seoul, South Korea. Since its establishment as the Korea Exchange Bank in 1967, it has provided the largest range of foreign exchange products in South Korea.
Woori Bank is known as the first South Korean bank to support web browsers other than Internet Explorer for online banking [2] [3] in Korea. As of 2020, Woori ranks 95 among the largest banks in the world in terms of total assets with 311,852 billion in USD as of the end of 2019.
Online banking, also known as internet banking, virtual banking, web banking or home banking, is a system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website or mobile app. Since the early 2000s this has become the most common way that customers access their bank accounts.
K Bank ( Korean : 케이뱅크) is an online bank based in South Korea. Its largest owner is the telecommunications company, KT Corporation. [1]
KakaoBank Corp. (stylized as Kakaobank; Korean : 주식회사 카카오뱅크) is a South Korean financial institution specializing in mobile banking services and financial technology. It was founded in 2016 through a collaboration between Korea Investment Holdings and Kakao Corp .