KB Kookmin Bank Signs Win-Win Business Agreement with Naver Pay and Others to Support Small Businesses

Connecting Npay Connect with Business Management and Financial Services
Discovering Customized Services through Payment and Business Data

KB Kookmin Bank announced on October 6 that it has signed a business agreement with Naver Pay, Korea Information and Communications, and EasyShop to support the digital transformation of small business owners.

At the signing ceremony held on the 2nd at the KB Kookmin Bank New Building in Yeouido, Seoul, from the left, Myungsoo Lim, Vice Chairman of Korea Information and Communications; Hyangcheol Lee, Lead Manager of Naver Pay; Hyunwook Kim, Executive Vice President of KB Kookmin Bank Corporate Customer Group; and Euijung Kang, CEO of EasyShop, are posing for a commemorative photo. KB Kookmin Bank

Hyunwook Kim, Executive Vice President of the KB Kookmin Bank Corporate Customer Group, met with Hyangcheol Lee, Responsible Leader of Naver Pay; Myungsoo Lim, Vice Chairman of Korea Information and Communications; and Eui-jung Kang, CEO of EasyShop, at the new building of KB Kookmin Bank in Yeouido, Seoul, on October 2 to sign the agreement.

The four companies agreed to: ▲ connect Npay Connect and payment infrastructure to financial services; ▲ discover customized financial services using payment and business data; and ▲ carry out joint marketing activities through each company's customer touchpoints and sales networks.

Npay Connect is an integrated terminal that links various Naver services such as reviews, coupons, and orders with offline stores.

The four companies plan to reduce the workload and enhance the operational convenience of small business owners by integrating business management tasks such as sales and settlement, which are essential for store operations, with financial services.

A representative from KB Kookmin Bank stated, "We will continue to expand cooperation with partners in various fields to support the stable growth of small business owners in the future."

This content was produced with the assistance of AI translation services.