Galaxia Moneytree Partners with Shinhan Consortium for Seoul Love Gift Certificate Sales... "Expecting Increase in Moneytree Users"

[Asia Economy Reporter Hyunseok Yoo] Fintech specialist Galaxia Moneytree announced on the 10th that it has signed a sales partnership agreement with ‘Shinhan Consortium,’ the new sales agency for Seoul Sarang Gift Certificates.

Through this contract, Galaxia Moneytree will participate as a technology partner for ‘Shinhan Consortium’ via its simple payment platform ‘Moneytree.’ Over the next two years, it plans to handle the sales, payment, and settlement operations of Seoul Sarang Gift Certificates. Galaxia Moneytree, the leading company that issued and distributed the nation’s first mobile gift certificates, has been selling Seoul Sarang Gift Certificates since the beginning of their sales through Moneytree.

A company official stated, “With our sales know-how and track record as strengths, we have been able to continuously promote cooperative projects,” adding, “Based on services that prioritize the convenience of 530,000 Seoul Sarang Gift Certificate affiliated stores and 1.83 million users held by Moneytree, we will increase user utilization.”

In particular, the company plans to launch a combined payment service for partnership points and Seoul Sarang Gift Certificates, leveraging its experience in building specialized services such as Zero Pay combined payments. The strategy is to gradually provide additional services that allow customers to use gift certificates and points simultaneously.

A representative from the Moneytree business team said, “We will expand services so that customers can purchase Seoul Sarang Gift Certificates more conveniently and use them in various ways,” adding, “The issuance scale of local love gift certificates nationwide reached 12.5 trillion won in 2022, increasing factors that will boost Moneytree’s Seoul Sarang Gift Certificate sales.”