Hana Card

Korea's leading mobile network operators, card networks, phone manufacturers and government agencies have joined forces to provide shoppers in Seoul's busiest shopping district with a wide range of NFC services including payments, couponing, smart posters and digital receipts. More

Korean mobile network operators, card issuers, consumer electronics manufacturers and government organisations have formed the Grand NFC Korea Alliance with the aim of creating a US$1bn business opportunity and more than 5,000 jobs. More

OPINION: Korean mobile network operator SK Telecom's new T Smart Pay service comes with more than one twist to the 'standard' NFC business model. Not only has SKT bought its way into a card issuer for the launch, but it is also signing distribution deals with leading retailers. More

Korean consumers who sign up for a Hana SK Card credit account and pick up a new '13.56MHz RF SIM' via a retail partner will then be able to store multiple credit, loyalty and membership cards and discount coupons on their mobile phone. More

Bloomberg reports that China Mobile may be about to buy a 20% stake in Shanghai Pudong Development Bank at a cost of 40bn yuan (about $5.9bn). The move, if confirmed, would give China Mobile's new... More

Hana Card, the Korean credit card issuer in which SK Telekom took a 49% stake in December, has announced it is to launch its new mobile proximity service in mid-March. "Our goal is securing 400,000-500,000... More

Korean consumers will be able to use their mobile phones to make contactless credit card payments and pay for transport tickets from the second half of 2010, following SK Telecom's purchase of a 49% stake in Hana Card.  More