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Finance

Toss Payments says not a system hack as 4,131 transactions viewed at one merchant

Toss Payments said a merchant card-information viewing incident did not stem from a hack of its systems. It said authentication credentials used for a payment integration platform were exposed on one merchant’s website, and a third party used them to collect additional information and view the merchant’s payment records. The firm said 4,131 transactions involving 2,671 people were affected and that it notified all impacted individuals.

Finance

Toss \'Quick Account Transfer\' tops 100 billion won in monthly transactions, users reach 12 million

Viva Republica, operator of Toss, said its simple account transfer service \"Quick Account Transfer\" has exceeded 100 billion won in monthly transaction value as of the end of August. Cumulative users also topped 12 million. The service allows payments directly from a bank account via open banking using a six-digit password, without installing a separate certificate. Toss said it streamlined sign-up and payment steps and improved payment success rates.

Finance

Toss, Hana Bank launch \'Hana Pedometer Savings\' season 2 with 20,000-account cap

Toss and Hana Bank launched season 2 of the \'Hana Pedometer Savings\' product on Aug. 28, offering preferential interest rates based on users\' step counts. The sales limit has been expanded to 20,000 accounts after season 1, launched last month, sold out its 10,000-account quota in 13 days. The 100-day flexible deposit product is open to individuals and sole proprietors aged 19 and older, with a top rate of 4.5 percent including bonuses.