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Finance

Toss launches dormant deposit recovery service with SDFa

Viva Republica, operator of the Toss app, has launched a service that lets users check and reclaim dormant deposits scattered across multiple financial institutions in one place. Toss said on June 5 it rolled out the service with the Korea Inclusive Finance Agency. Users can apply remotely without submitting documents or visiting institutions, and approved amounts are paid immediately as Toss Pay Money. The service covers dormant deposits of 500,000 won or less.

Finance

Toss opens integrated service for high oil price relief fund

Viva Republica, the operator of Toss, launched an integrated service to support applications for the government’s “high oil price relief fund” ahead of a second round. Users can complete pre-application, formal application and merchant lookups in the Toss app. Applications run from May 18 to July 3. The fund targets about 70 percent of the population. Approved amounts are charged to a user’s card the next day, and results are sent by text message.

Finance

Toss Income launches preview of this year\'s tax refund ahead of annual income tax filing

Toss Income, a tax filing and refund support unit of Viva Republica, launched a service that lets users check an estimated refund ahead of the May comprehensive income tax filing season. Available to office workers and multi-job workers with earned income last year, the service runs in the Toss app through April 30. After HomeTax authentication, it calculates expected refunds based on actual income and filing history. Users can also check missed refunds from 2020 to 2024.