Korea-based credit card company BC Card has put into circulation over 300,000 China UnionPay cards in South Korea so far.
CitiBank Korea (CKI) will launch a web-based mobile banking service in English aimed at foreign customers.
South Korean telecommunications firm Korea Telecom Freetel (KTF) is set to launch UbiTouch, a service which provides customers with the ability to use their mobile phones to carry out internet banking and ATM operations.
Payment processing services provider MasterCard Worldwide launches an online financial education initiative in Korea via a consumer education website aiming to provide customers with information regarding personal finance management.
South Korea\'s central financial institution the Bank of Korea reports growing popularity in the use of internet banking, which rose 25.1 percent y-o-y in 2008.