"Get Up to 100,000 KRW Monthly Benefits When Investing with BC Paybook"

Paybook Launches 'Easy Fund Investment' Service... Minimum Investment of 1,000 KRW in Domestic Fund Products Possible

[Asia Economy Reporter Ki Ha-young] BC Card has strengthened its easy fund investment service on the payment finance platform ‘Paybook,’ expanding its non-face-to-face financial services.

On the 8th, BC Card announced that it recently collaborated with Shinhan Financial Investment to launch the ‘Easy Fund Investment’ service on Paybook, responding to the growing interest in financial investment among the MZ generation (Millennials + Generation Z). It offers a variety of domestic fund products on themes such as artificial intelligence (AI), big data, and healthcare. One-time investments are possible from a minimum of 1,000 KRW, and regular investments can be set by designating a fixed amount on a specified date each month.

Various benefits have also been prepared to celebrate the service launch. To receive the benefits, holding a Shinhan Financial Investment asset management account CMA (RP type, contracted yield type) through Paybook is essential. The account can be easily opened non-face-to-face within 5 minutes under ‘Finance’ in Paybook. Finally, the opened Shinhan Financial Investment CMA must be registered as a Paybook Money charging account, which is Paybook’s prepaid electronic payment method.

After registering the account, if investments are completed through ‘Easy Fund Investment’ within Paybook Finance by the end of December, 1% of the investment amount (up to 100,000 KRW) will be given as Paybook Money by the 20th of the following month. For example, if 3 million KRW (minus redemption amount) was invested in April, 30,000 KRW will be credited as Paybook Money by May 20. Additionally, customers who open a Shinhan Financial Investment CMA for the first time through Paybook will receive an extra 10,000 KRW in Paybook Money.

Oh Sung-soo, Head of the MyData Business Division (Executive Director), stated, “We will provide easy and convenient financial services for Paybook customers and develop them into multi-persona customized financial services based on MyData.”