Number of Kakao Debit Card Holders Reaches 500,000 in 90 Days

SEOUL, April 13 (Korea Bizwire) – Kakao Corp., a major mobile messenger service provider, said Friday it issued some 500,000 debit cards during the 90 days since the cards were launched. The operator of Kakao Talk began the debit card service in January to enter the offline payment business. While Kakao Corp. was already working with commercial banks and credit card firms, it decided to issue its own cards to enable offline use by more [...]