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Industry
Baemin expands fuel cost support for riders amid high oil prices
Delivery app Baedal Minjok said it is expanding fuel cost support for its Baemin Connect riders to ease burdens in a period of high oil prices. Woowa Youths, which handles the platform\'s logistics services, said on Sunday it partnered with Kakao Pay to broaden the benefits. The program runs from June 22 to July 11 and offers Kakao Pay points for eligible fuel purchases. Support is provided to 10,000 riders.
Telecommunications & Media
SKB to launch integrated telecom-payment product with Toss Place for small merchants
SK Broadband will launch a bundled telecommunications and payment product with payment terminal and POS solution provider Toss Place on June 25 to ease operating cost burdens for small merchants. Subscribers can receive monthly internet fee discounts of up to 4,400 won, depending on conditions, and some customers will get a Toss Front terminal for free. The companies will run events through Aug. 31 and introduce on-site training programs.
Finance
Naver Pay, Kakao Pay begin applications for second-round high oil price relief funds
Naver Pay and Kakao Pay have started accepting applications for the second round of high oil price relief funds. The programme targets 70 percent of the population and runs from May 18 to July 3. Naver Pay linked the process to Naver Search and maps and allows benefits to be received as Npay points, money or a prepaid money card. Kakao Pay enables applications via KakaoTalk and supports multiple payment methods. Both are running applicant events.
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Crypto
New book says stablecoins redesign financial infrastructure
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AI & Enterprise
Only 3 in 10 South Koreans use AI in consumer life, regional gaps also seen
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Finance
Naver Pay runs gasoline promotion to ease high oil price burden
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Finance
Toss Bank launches K-Pass debit card with extra cashback
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Finance
Naver Pay to cover in-person payment fees for small merchants during Lunar New Year holiday