Monday 17 February 2020

NIPPON Platform partners Hana Bank to expand Global Loyalty Network in Japan

KUALA LUMPUR, Feb 17 -- NIPPON Platform Co Ltd and Hana Bank have entered into a strategic partnership to expand Hana Financial Group’s global alternative payment hub, Global Loyalty Network (GLN) in Japan.
GLN involves 58 companies from 14 countries providing an integrated platform to connect financial institutions, retail companies and loyalty point operators to a single network, allowing them to freely transfer digital assets and e-money globally.
It provides services to enable online and in-store mobile payments, remittances and ATM cash withdrawals via mobile without border restrictions, applying real-time exchange rates in each country for transactions to allow convenient prepaid and debit payments worldwide.
 
According to a statement, besides its banking app, 1Q and loyalty program/e-wallet app, HanaMembers, GLN has strategically partnered with key players in Korea’s payment industry.

Among key players include the retail giant Shinsegae Group (SSG Pay), the largest P2P money transfer company (TOSS) and SK Telecom’s e-wallet (SK Pay). Also, in collaboration with Taiwan and Thai financial institutions, GLN has over 85 million users.

GLN Coupon Mall offers global coupon services and provides discount coupons and incentives not only for South Korean visitors to Japan, but also worldwide tourists.

Nippon Platform integrates various GLN services with its own services and introduces the GLN system to its approximately 100,000 merchants in Japan. It will promote alternative payment services to foreign visitors to increase mobile payment volume in its affiliated shops.

More details at https://nippon-platform.co.jp/en.
-- BERNAMA

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