SMARTRO Co., Ltd.
Industry Context
This company is tracked across risk categories, including those related to its sector (e.g., Telephone Communications, Except Radiotelephone), including supply chain integrity, ESG practices, labor disputes, and regulatory compliance.
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Recent Articles about SMARTRO Co., Ltd.
Live alerts from global media, monitored by Business Radar
2024-09-26 (ddaily.co.kr)
PG industry welcomes ‘revision to prevent recurrence of Timeef incident’… “We must be cautious in reducing the scope of PG”
Sellers and consumers affected by Timon and WeMakePrice (TimePrice) held a ‘Black Umbrella Rally’ in front of the Financial Services Commission in Jongno-gu, Seoul on the afternoon of the 18th of last month, calling for the enactment of a special law to provide relief to victims. [ⓒYonhap News]
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2024-09-24 (etnews.com)
Financial Services Commission-Smart, launches account-based regular payment service... Targeting the subscription economy
Korea Financial Telecommunications and Clearings Institute (President Park Jong-seok) announced on the 24th that it signed a memorandum of understanding (MOU) with Smartro (CEO Jang Gil-dong) to provide account-based regular payment services. This agreement ceremony was held at the headquarters of the Korea Financial Telecommunications and Clearings & Clearings Institute on the 23rd, and was attended by key guests, including Ko Jae-yeon, head of the financial business division of the Korea Financial Telecommunications and Clearings Institute, and Smartro CEO Jang Gil-dong.
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2024-08-27 (tazabek.kg)
Akylbek Japarov spoke at the opening of the Kyrgyz-Korean joint company BC Card Kyrgyzstan – Tazabek
Chairman of the Cabinet of Ministers - Head of the Presidential Administration Akylbek Japarov took part in the opening ceremony of the Kyrgyz-Korean...
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2024-08-07 (techm.kr)
Angry PG companies criticize the travel industry, saying, “We should participate in consumer protection rather than encouraging repayment.”
Electronic payment (PG) companies have raised their voices urging some travel agencies that encourage consumers to repay to comply with the 'Electronic Commerce Act'. Nice Payments, Danal, Smartro, NHN KCP, KG Mobilians, KG Inicis, and Korea Information On the afternoon of the 7th, PG companies comprised of telecommunications companies said, "We have confirmed that some travel agencies, which are expecting damage due to delays in settlement of Timon and WeMakePrice, are encouraging consumers to cancel existing payments and apply for refunds and then repay at their own malls." He urged that the contract be fulfilled. In relation to the actions of some travel agencies, they said, "We are seeking to unilaterally conclude a new separate contract between consumers and travel agencies."
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2024-07-29 (mtn.co.kr)
Financial Supervisory Service: “PG company must respond to cancellation of TimePrice card payment transaction”
The Financial Supervisory Service emphasized that payment agency companies ('PG companies') have an obligation to respond to card companies' payment cancellation requests in accordance with the Credit Finance Business Act (the Act). The explanation is that since PG companies receive commissions from sellers, they must bear a certain amount of payment risk. The Financial Supervisory Service investigated eight PG companies (Naver Financial, Kakao Pay, NICE Payments, Danal, and Tos Pay) in relation to the Timon and WeMakePrice incidents. Muntz, NHNKCP, NHN Payco, Smartro) announced on the 29th that they are in the process of receiving and guiding card payment cancellation requests directly from customers through their websites. The remaining three PG companies (KG)
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2024-05-27 (fntoday.co.kr)
Small Business SNS Marketing Support Association AI Marketing Strategy Course, ‘AI Marketing with Smartphones’ Online Seminar Successfully Completed
The 'Smart AI Marketing' seminar hosted by the Small Business SNS Marketing Support Association (Chairman Jaeyong Choi) was successfully held online from the 20th to the 24th. This seminar is a course designed to provide new business opportunities to small business owners by combining digital marketing and artificial intelligence technology. The seminar consists of five courses and introduces AI functions that can be used on smartphones. Main lecture contents include the use of CANVA, catalog creation using AI, card news that small business owners can easily create, how to create product images using AI tools, and digital strategy.
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2024-03-19 (newsquest.co.kr)
Smartro, pay directly with credit card or mobile pay... Launch of Korea’s first open smart electric vehicle charger
【News Quest = Reporter Kwon Il-gu】 Korea's first open smart electric vehicle charger has been released, improving the inconvenience and security vulnerabilities of the membership card payment method when charging an existing electric vehicle. Smartro and TARDIS Technology are enabling electric vehicle chargers to directly collect sensitive credit information. It was announced on the 19th that it has launched an open-type smart electric vehicle charger that has been certified and registered by the Credit Association by applying technology that can process it. Smartro is a comprehensive payment and settlement company of KT Group, and the open-type smart electric vehicle charger is certified and registered by the Credit Association. Registration has been completed. Electric vehicle slow chargers are small, inexpensive, and easy to install, so they account for most of the domestic electric vehicle charging infrastructure.
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2024-03-01 (jkn.co.kr)
Smartro launches Korea’s first open smart electric vehicle charger
Smartro, KT Group's comprehensive payment subsidiary, announced on the 19th that it has recently launched Korea's first open-type smart electric vehicle charger that can process credit cards in cooperation with TARDIS Technology, a company specializing in electric vehicle charging platforms. Currently, most domestic electric vehicles are charged with slow chargers, but it is difficult to install a credit card payment terminal, so they use membership cards, which are inconvenient and have poor security. Accordingly, Smartro announced that it had developed a slow charger that allows credit card payments.
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2023-07-23 (asiae.co.kr)
BC Card, crossing the financial silk road, establishes joint venture in Kyrgyzstan - Asia Economy
BC Card, the first Korean company to build a payment infrastructure in Central Asia, established a local joint venture with a state-run payment operator under the Central Bank of Kyrgyzstan. BC Card will be available next month...
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2023-05-21 (chosun.com)
BC Card enters Kyrgyzstan for the first time in the industry... Targeting the 1.3 trillion payment market
BC Card is the first domestic card company to enter 'Kyrgyzstan'. On the 19th, BC Card was announced as a value-added telecommunication operator (VAN) Smart by the Kyrgyz President's Office, and with IPC (Interbank Processing Center), a state-run payment service provider under the Central Bank of Kyrgyzstan, 'Financial Advancement in Kyrgyzstan'. Payment infrastructure for
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2023-02-24 (donga.com)
KT Smart launches ‘Free Pay’, which supports Apple Pay payments
Smartro, a financial and communications affiliate of KT, announced on the 24th that it has launched ‘Free Pay’, a smartphone application that allows small and medium-sized merchants to make Apple Pay payments. According to Smartro, in order to use Apple Pay...
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2022-11-01 (etnews.com)
“From Cloud Chaos to Cloud Smart with VMware Aria”
“Public cloud adoption is increasing, but managing infrastructure in a mixed cloud environment is difficult. VMware Aria provides a series of end-to-end solutions including cost, performance, configuration, and delivery...
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