Transaction Restrictions on Cashable Businesses Imposed for a Certain Period After Issuance
On October 16, NH Nonghyup Card announced the launch of a mobile card that can be used without issuing a physical card.
Three products are available as mobile cards: 'ZGM The Pay', 'ZGM The Streaming', and 'Olbareun Flex'.
The mobile card can be issued through NH Pay or the official NH Nonghyup Card website using a mobile phone registered in the user's name.
NH Nonghyup Card explained that the risk of losing the card has been reduced, similar to a physical card. The company also stated that it has worked to minimize the possibility of fraudulent use by imposing transaction restrictions on cashable businesses for a certain period after issuing the mobile card.
The benefits are set to be the same as those of the physical card.
An NH Nonghyup Card representative said, "We have launched a mobile card that is easy to use, has a low annual fee, and eliminates concerns about loss," adding, "We will continue to do our best to provide safe and convenient card services in the future."
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