Kakao Bank Certificate Supports Simple Authentication for 'Year-End Tax Settlement Simplification Service'

Login with Fingerprint Recognition and 6-Digit Password

KakaoBank announced on the 15th that it will support simple authentication on the ‘Year-end Tax Settlement Simplification Service’ website, which conducts the 2023 earned income year-end tax settlement following the National Tax Service Hometax and Sontax.

KakaoBank customers can log in by selecting the ‘KakaoBank’ icon under ‘Simple Authentication’ when logging into the Year-end Tax Settlement Simplification Service on the website. Authentication can be done through fingerprint recognition or entering a 6-digit password.

To use this service, issuance of the ‘KakaoBank Certificate’ through identity verification and account authentication is required. KakaoBank explained that it has established a real-time failure response system through customer service center operations and an integrated monitoring center, and the range of usage is expanding. The service scope has been extended not only to public institutions such as the National Tax Service Hometax but also to Megabox, Melon, KakaoStyle, and Korea Industrial Human Resources Corporation Q-net identity verification, with plans for continuous expansion in the future.

On the 22nd of last month, KakaoBank became the first internet bank to obtain the ‘Electronic Signature Certification Evaluation’ for launching the ‘KakaoBank Business Certificate’ from the Korea Internet & Security Agency (KISA). The certificate is planned to be launched within the first quarter.

A KakaoBank representative said, "We have expanded the service scope to Hometax, Year-end Tax Settlement Simplification Service, and others for the convenience of our customers’ year-end tax settlement,” adding, “We will continue to do our best to enable customers to use the KakaoBank certificate in more places.”