{"id":12183,"date":"2022-09-28T00:19:00","date_gmt":"2022-09-28T00:19:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/3885330_AE85330_0"},"modified":"2022-09-28T00:19:00","modified_gmt":"2022-09-28T00:19:00","slug":"gln-international-to-expand-cross-border-qr-payment-and-atm-withdrawal-service-to-singapore-and-vietnam","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=12183","title":{"rendered":"GLN International to expand cross-border QR payment and ATM withdrawal service to Singapore and Vietnam"},"content":{"rendered":"<ul type=\"disc\">\n<li>QR payment service available in 32,000 sub merchants in <span class=\"xn-location\">Singapore<\/span>, covering Hawker Centers, Changi Airport<\/li>\n<li>QR ATM withdrawal service available in <span id=\"spanHghltd57d\">1,600<\/span> locations in BIDV ATM, <span class=\"xn-location\">Vietnam<\/span><\/li>\n<li>Positioned as an essential service for travelers by low transactions fee and digital based convenient experience<\/li>\n<\/ul>\n<p><span class=\"legendSpanClass\"><span class=\"xn-location\">SEOUL, South Korea<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Sept. 28, 2022<\/span><\/span> \/PRNewswire\/ &#8212; GLN International (CEO Jun-seong Han), a global financial network that facilitates cross-border mobile QR payments and ATM cash withdrawals for e-wallets and banking applications, announced to have expanded its service area to <span class=\"xn-location\">Singapore<\/span> and Vietnam.&nbsp;<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\" readability=\"7\">\n<p> <a href=\"https:\/\/mma.prnasia.com\/media2\/1908620\/GLN_Service_Singapore_Vietnam.html\" target=\"_blank\" rel=\"nofollow noopener\"> <img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/1908620\/GLN_Service_Singapore_Vietnam.jpg?p=medium600\" title=\"GLN Service in Singapore and Vietnam\" alt=\"GLN Service in Singapore and Vietnam\"> <\/a> <br \/><span>GLN Service in Singapore and Vietnam<\/span><\/p>\n<\/p><\/div>\n<p>GLN users not only the benefit from the convenience of payment but also low transaction fee compared to credit or debit cards with the launch of QR payment service in <span class=\"xn-location\">Singapore<\/span>, through GLN&#8217;s local partnership with Liquid Group.<\/p>\n<p>Liquid Group, a <span class=\"xn-location\">Singapore<\/span>-based mobile payment platform service provider, is operating the XNAP QR payment network in 32,000 affiliated stores including hawker centers and Changi Airport.<\/p>\n<p><span id=\"spanHghlt3f94\">The service is customer-friendly which has become a primary payment option for travelers in <span class=\"xn-location\">Thailand<\/span>,<\/span> resulting in exponential growth of monthly transactions, expected to help the journey of travelers in <span class=\"xn-location\">Singapore<\/span> as well.&nbsp;<\/p>\n<p>In addition to QR payment in <span class=\"xn-location\">Singapore<\/span>, GLN added QR withdrawal service which allows Koreans traveling to <span class=\"xn-location\">Vietnam<\/span> to take out cash conveniently from about <span id=\"spanHghlt1b69\">1,600<\/span> ATM devices located in major tourist attractions and shopping malls by partnering with the biggest commercial bank in <span class=\"xn-location\">Vietnam<\/span>, BIDV (Bank for Investment and Development of <span class=\"xn-location\">Vietnam<\/span>).<\/p>\n<p>Previously, tourists using ATM withdrawal service overseas were charged with foreign transaction fee with expensive FX rate while facing the risk of card skimming.&nbsp;<\/p>\n<p>However, this cross-border cardless withdrawal service developed for the first time as a Korean fintech company is expected to enhance the user experience by allowing customers to withdraw from ATM simply by QR authentication.<\/p>\n<p>GLN International is a fintech subsidiary spun off from <span class=\"xn-person\">Hana Bank<\/span> for its global network business in July last year, which currently <span id=\"spanHghlt6604\">provides services<\/span> in <span class=\"xn-location\">Hong Kong<\/span>, <span class=\"xn-location\">Japan<\/span>, <span class=\"xn-location\">Laos<\/span>, <span class=\"xn-location\">Taiwan<\/span>, <span class=\"xn-location\">Thailand<\/span>, and <span class=\"xn-location\">Vietnam<\/span>.<\/p>\n<p><span id=\"spanHghltf58c\">GLN aims to provide the best customer experience by forming a global alliance with financial companies.&nbsp;<\/span><\/p>\n<p>GLN&#8217;s CEO Han said &#8220;<span class=\"xn-location\">Singapore<\/span> and <span class=\"xn-location\">Vietnam<\/span> are the key countries of southeast <span class=\"xn-location\">Asia<\/span> as we carry out an innovative global payments network business. We hope the performance in the region would be the cornerstone for the expansion of our global business.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>QR payment service available in 32,000 sub merchants in Singapore, covering Hawker Centers, Changi Airport QR ATM withdrawal service available in 1,600 locations in BIDV ATM, Vietnam Positioned as an essential service for travelers by low transactions fee and digital based convenient experience SEOUL, South Korea, Sept. 28, 2022 \/PRNewswire\/ &#8212; GLN International (CEO Jun-seong [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":12184,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-12183","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>GLN International to expand cross-border QR payment and ATM withdrawal service to Singapore and Vietnam - 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