KB Kookmin Bank has joined forces with Naver Pay (Npay), Korea Information and Communication Corporation (KICC), and Easy Shop to support the digital transformation and stable business growth of small enterprises.
On October 2, KB Kookmin Bank announced that it signed a memorandum of understanding with the three companies at its headquarters in Yeouido, Seoul, to expand financial and business management services for small businesses. The signing ceremony was attended by Kim Hyun-wook, Vice President of KB Kookmin Bank's Corporate Customer Group; Lee Hyang-cheol, Npay's Chief Leader; Im Myung-soo, Vice President of KICC; and Kang Ui-jung, CEO of Easy Shop.
The agreement aims to enhance the convenience of store operations for small businesses by integrating payment, business management, and financial services based on 'Npay Connect.'
Npay Connect is an integrated terminal that connects various services, including payments, Naver reviews, coupons, and orders.
The four companies will work together on initiatives such as linking Npay Connect and payment infrastructure with financial services, developing customized financial services using payment and business data, and conducting joint marketing utilizing each company's customer touchpoints and sales networks.
In particular, they plan to reduce the operational burden on small businesses by integrating business management tasks, such as sales and settlement, with financial services to enhance operational convenience.
A representative from KB Kookmin Bank stated, "We will continue to expand partnerships with various sectors to support the stable growth of small businesses."
* This article has been translated by AI.
Copyright ⓒ Aju Press All rights reserved.