Woori Bank's prepaid card for foreign visitors surpasses 10,000 issuances amid rising inbound tourism
Woori Bank’s specialized prepaid card for foreign visitors, dubbed the “NOL World Card,” reached the 10,000-issuance mark within just three months of its market debut, the bank said Wednesday. The card, jointly introduced by the bank, travel platform operator NOL Universe and fintech company Kona I, aims to make local financial transactions and daily shopping more convenient for international…
Woori Bank's prepaid card for foreign visitors, called the NOL World Card, hit the 10,000-issuance milestone just three months after launch, the bank announced on Wednesday. Co-developed with travel platform NOL Universe and fintech firm Kona I, the card intends to simplify local financial transactions and shopping for tourists amid a boom in inbound travel.
According to the Ministry of Culture, Sports and Tourism, foreign visitors numbered 10.71 million in the first half of the year, a 23.1 percent rise compared to the same period last year. Yet, overseas tourists have traditionally faced hurdles when trying to open bank accounts or obtain domestic cards, often resorting to cash exchanges or international payment methods.
The NOL World Card alleviates these obstacles, allowing cardholders to collect their cards instantly upon arrival at Woori Bank exchange counters at Incheon International Airport.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
