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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

Woori Bank offers higher rates tied to Team Korea results, up to 7.5 percent savings plan

Woori Bank has introduced a savings plan that offers preferential interest rates depending on South Korea\'s national team results at the Aichi-Nagoya Asian Games and customers\' participation in cheering. The 12-month plan allows monthly deposits of up to 300,000 won and carries a base rate of 3.0 percent. With preferential conditions, borrowers can earn up to an additional 4.5 percentage points, for a maximum annual rate of 7.5 percent.

People & Appointments

Hana Financial, small business groups launch \'Kind Egg\' project to support distribution costs

Hana Financial Group is supporting egg distribution costs to ease Chuseok price burdens and help revitalize neighborhood commercial areas. The group signed an agreement with the Small Enterprise and Market Service and the Korea Federation of Micro Enterprise on Sept. 4 to support price stabilization through supplies of eggs to local supermarkets. Under the project, about 120,000 trays of \'the Kind Egg\' will be supplied to roughly 4,000 stores nationwide.