Public | |
Industry | Financial Services |
Founded | 1982 |
Headquarters | Seocho-gu, Seoul, South Korea |
Area served
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Korea |
Key people
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Suh Joon Hee, CEO |
Products | Payment systems |
256,104,000,000 won | |
18,165,000,000 won | |
Parent | KT (69.5%) Woori Bank (7.65%) |
Website | https://www.bccard.com/card/html/company/en/index.jsp |
BC Card (Korean 비씨카드), established in 1982, has been leading Korean payment market as a local principal. The company provides end-to-end payment services ranging from issuing BPO to acquiring processing of credit, debit and prepaid cards, and enables its 29 clients to reduce cost and add value by processing on their behalf. As of the end of 2014, its market value reached 26.6% in terms of acquiring transaction values and 42% in terms of the number of cards issued.
Alongside rapidly growing FinTech industry, the company is shaping the existing market with innovations by introducing payment solutions for online and mobile as well as associated services such as tokenization, biometric authentication, and mobile wallet.
On a global scale, the company rolled out its core business on the Indonesian market in 2015 by establishing a joint venture with a major local bank and it plans to continue expanding geographically, mainly to the Southeast Asian market.
Member companies
- Busan Bank
- Citibank Korea
- Daegu Bank
- KEB Hana Card
- Industrial Bank of Korea
- KB Kookmin Card
- Kyongnam Bank
- Nonghyup
- Shinhan Card
- Standard Chartered Korea
- Woori Card
- Community Credit Cooperative (not member, but issuer)
- Korea Post (not member, but issuer)
- Korean Federation of Savings Banks (not member, but issuer)
Brand
BC Cards are branded credit cards and check cards (aka debit cards).
- BC South Korean domestic card
- BC Global (treated as Diners Club/Discover outside Korea, credit card only)
- BC Visa
- BC Master/Maestro
- BC JCB (Credit card only)
- BC CUP
External links
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