SettleBank "‘010 ZeroPay’ App Sells Out Seoul Tourism Special Zone Gift Certificates"

[Asia Economy Reporter Hyunseok Yoo] Techfin company SettleBank announced on the 18th that the Seoul Tourism Special Zone Gift Certificates sold through the ‘010 ZeroPay’ app service were sold out within 8 minutes of the sales launch.

The Seoul Tourism Special Zone Gift Certificates are mobile gift certificates issued by the Korea Simple Payment Promotion Agency in connection with ZeroPay to revitalize the economy, which has been depressed due to the adverse effects of COVID-19. They were sold at a 50% discounted price. They can be used at ZeroPay affiliated stores in five representative tourism special zones within Seoul (▲Jongno Cheonggye ▲Myeongdong ▲Dongdaemun ▲Itaewon ▲Jamsil).

‘010 ZeroPay’ features a prepaid charging function that allows users to pre-load funds, enabling immediate purchase of gift certificates within 2 seconds regardless of server traffic, even when a large number of users flock to take advantage of exceptional benefits like those offered with the Seoul Tourism Special Zone Gift Certificates.

SettleBank’s 010 ZeroPay is an app service that allows users to quickly and easily purchase local gift certificates anytime and anywhere by linking their bank account under their name and using only a password or biometric authentication. Payments can also be made using points charged at the app’s free point charging station or credit card points, and after use, balance withdrawal and refunds are possible.

SettleBank stated, “The 010 ZeroPay app is SettleBank’s first customer-facing platform service, and since its launch, it has supplied about 50 local gift certificates to customers, receiving positive responses from the market. We will further enhance the service and expand usage locations to improve payment convenience for 010 ZeroPay users in the future.”