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    Woori Bank

    News stories featuring Woori Bank:

    Samsung Pay goes live at Woori Bank ATMs

    April 28th, 2016

    Samsung Pay has enabled ATM withdrawals for customers of Woori Bank in South Korea, the company confirmed at the Samsung Developer Conference 2016. “Samsung said it hasn’t yet announced the feature for other markets,” CNET reports. “Samsung also added support in South Korea for gift cards and for membership cards.” Plans to enable Samsung Pay at Woori Bank ATMs were first unveiled in September 2015.

    Samsung Pay to enable deposits at South Korean ATMs

    March 7th, 2016

    Samsung Pay users in South Korea will soon be able to both deposit and withdraw money from the ATMs of Woori Bank, Shinhan Bank, KB Kookmin Bank, Industrial Bank of Korea and NH Nonghyup Bank. “Samsung Pay will support depositing money into ATMs in South Korea when sales for the Galaxy S7 and S7 Edge begin March 11,” ZDNet reports. “The South Korean tech giant declined to comment on the global availability of the new features.” Woori Bank added Samsung Pay to its ATMs in September 2015.

    Korean banks back Samsung Pay

    February 16th, 2016

    Korean banks are lining up to support Samsung Pay, including Shinhan Bank, KB Kookmin Bank, NH Nonghyup Bank and Industrial Bank of Korea, Korea Joongang Daily reports. “Currently, Samsung Pay only works with Woori Bank, but the exclusive contract between the two will expire next month, and now, more institutions are seeking to link up with Samsung Pay,” the publication says. 80,000 credit and debit cards were registered on Samsung Pay in Korea within a week of its launch.

    Woori Bank adds Samsung Pay to ATMs

    September 8th, 2015

    South Korea’s Woori Bank has begun accepting Samsung Pay. “Nautilus Hyosung, a banking techology firm, said Samsung Pay will be accepted at some 1,000 ATMs operated by Woori Bank,” Yonhap reports. The ATM provider also said it aims to expand the availability of Samsung Pay compatible ATMs around the globe. Samsung Pay launched in Korea last month and is expected to launch in the US on September 28.

    Samsung to offer money transfers

    October 29th, 2014

    Samsung will launch a mobile money transfer service in Korea at the end of this year in partnership with mobile payment service provider Yelopay and six banks, Korea Bizwire reports. “Samsung Wallet, which used to be used only for coupon services and app cards, is now transformed into [a] fintech service platform,” the article says, noting that users can send up to 100,000 won at a time through the service. “The six financial institutions including Kookmin, Shinhan, Woori, Nonghyup, Citi and Korea Post Office reportedly have announced collaboration with the electronics company, but it plans to expand to all financial organisations.”

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