Npay Launches 10th Anniversary "Festa Season 2" Event

My Own Story Written Through Consumption Records
Experience It as AI Content... "AI Consumption Diary" Now Available

Npay announced on June 13 that it will hold the second season of its "Npay 10 Festa," an event to celebrate the 10th anniversary of the launch of its service, through next month.

Season 2 of the Festa introduces the "AI Consumption Diary." This feature turns users' entire consumption history since joining Npay into personalized content. Npay will also offer commemorative benefits based on non-fungible tokens (NFTs) for using the service.

Unlike Season 1, which mainly focused on benefits from partner companies, Season 2 provides personalized content, giving users an opportunity to commemorate their experiences with Npay.

First, the AI Consumption Diary is provided. Under the concept that "consumption is both a record and a memory," this diary is created using generative AI based on users' payment histories.

A large language model (LLM) analyzes various payment patterns, selects up to 11 representative payment records, and uses these to create stories and content for each user.

"Npay Member" NFT art will be issued to users' Npay wallets. Users who possess the Npay Member NFT art will receive special benefits in other promotions held throughout this year.

There will also be "Point Level" NFT art awarded according to users' accumulated Npay points. NFT art will be issued in tiers based on cumulative point amounts: from 1 million to 10 million won, from 10 million to 100 million won, and for amounts exceeding 100 million won.

Users who have been with the service for the past 10 years will receive a special "Npay 2015 Member" NFT art. Approximately 6.6 million customers have used Npay since 2015, with total payments amounting to about 143 trillion won.

Holders of the Npay 2015 Member NFT art will be provided with a special free insurance benefit for one year. In addition, users who compare and sign up for credit loans, mortgage loans, or jeonse loans through the Npay loan comparison service will receive up to 100,000 points to support loan interest payments.

Lee Ouram, Head of Npay, stated, "Npay has become Korea's leading fintech (finance plus technology) platform and a convenient payment service because all 34 million users have their own unique points. We planned the Festa series to give back to them," adding, "We will continue to strive to ensure that Npay is always by our users' side."