Finance
KB Kookmin Bank launches Korea-Indonesia QR payment service
KB Kookmin Bank said it has expanded the coverage of its cross-border QR payment service, the KB Star Banking overseas payment service, to all of Indonesia. The service links domestic financial firms with overseas payment institutions so users can pay by QR code abroad through their home-country financial apps. The expansion enables QR payments at about 32 million merchants across Indonesia and aims to reduce risks such as card copying and personal data leaks.
