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Finance

KakaoBank launches \'livelihood account\' protecting 2.5 million won a month

KakaoBank has launched a new account designed to protect minimum living expenses even in the event of seizure. The policy-linked product supports financially vulnerable groups and offers seizure protection for deposits of up to 2.5 million won per month. Customers aged 14 and older can sign up, but the account can be opened at only one financial institution. KakaoBank will provide a 2 percent base interest rate through the end of this year and will run a promotional event tied to sign-ups.

Games & Commerce

GS25 expands 24-hour delivery via Coupang Eats nationwide

GS25 will expand its 24-hour delivery service through Coupang Eats to major regions nationwide. From May 19, the GS Retail-run chain will start 24-hour delivery at about 1,000 outlets outside parts of Seoul and Gyeonggi and some areas of six major cities. GS25 said late-night delivery sales at participating stores rose 42.7 percent in six months, prompting the expansion. Snacks, ice cream and noodles led late-night purchases.

Finance

Woori Bank launches \'Nol World Card\' for foreign tourists, instant issuance at Incheon airport

Woori Bank said on Tuesday it has begun issuing the prepaid Nol World Card for foreign tourists on site at Incheon International Airport, launched with Nol Universe and Kona I. The service follows a three-party business agreement signed in March. It allows visitors to receive the card upon arrival and immediately use domestic payment and currency exchange services. The card can be used for exchange, top-ups and withdrawals through Woori channels and partners.