[ad_1]
SEOUL, South Korea, March 27, 2023 /PRNewswire/ — E9Pay, a Korean cross-border fintech company, has entered into a strategic partnership agreement with Shinhan Bank, one of the largest banks. South Korea. The partnership aims to facilitate financial inclusion for overseas remittances/payments, especially for expatriate workers and SMEs in Korea using the E9Pay Commercial Payment Platform.
Through the partnership, E9Pay and Shinhan Bank will work together to develop a payment system for foreigners living in Korea and merchants trading on international online marketplaces. It provides a convenient and efficient payment system for foreign workers and businesses, promotes cross-border trade and facilitates transactions between Korea and other countries.
The partnership will introduce joint projects to strengthen fintech-bank cooperation, such as providing an API-based real-time FX trading service between the two companies. This provides customers with a seamless and efficient way to exchange foreign currencies in real time.
“We are very pleased to enter into this strategic partnership with Shinhan Bank,” he said. Mr. Jeon Hyuk GooCEO of E9pay Co., Ltd. “This partnership will help us expand our reach and provide comprehensive financial services to our customers. We look forward to working closely with Shinhan Bank and expanding new business opportunities.”
Shinhan Bank official said, “Recently, cooperation with fintech companies is actively developing, which is experiencing changes in external platforms and customer contact points by expanding BaaS (Banking as a Service).” In doing so, we provide valuable services to financial consumers and set a precedent in the global cross-border remittance/payment market.
About E9 payment
E9pay is the first company to receive the No. 1 overseas remittance business license from the Ministry of Economy and Finance (MOEF). South KoreaFrom March 2023 onwards, we will provide shipping/receipt services to 126 countries.
E9pay boasts international partnerships with major players in the market. As a trusted leader in the fast-growing foreign exchange market in Korea, E9pay received the Innovative Financial Service from MOEF, which used new IT technologies to provide financial services different from existing financial techniques. Safely receive money through Korea Open Banking.
For more information, visit https://www.e9pay.co.kr/
About Shinhan Bank
Shinhan Bank is a leading commercial bank in South Korea with KRW 471.5 trillion in properties. The company provides complete banking services to its 20 million customers – individual consumers, small and large corporations – including 1,032 branches, including 156 international branches in twenty countries. The company serves its 11.9 million mobile users through its award-winning app ‘SOL’. The company’s financial group ‘Shinhan Financial Group’ is a diversified holding company with 17 companies including Shinhan Card, Shinhan Investment and Shinhan Life. The financial group’s shares are listed on the Korea Exchange.
For more information, visit https://bank.shinhan.com/en/
See original content: https://www.prnewswire.com/apac/news-releases/korea-cross-border-fintech-e9pay-and-shinhan-bank-join-forces-to-promote-convergence-and-new- business-opportunities-301780816.html
Source E9pay
[ad_2]
Source link
