BC Card
BC Card (Korean 비씨카드) is South Korea's biggest payment processing company and local brand network headquartered in Seoul, South Korea. The company provides end-to-end payment services primarily to financial institutions as well as to merchants through its subsidiary company, Smartro. The company's portfolio includes acquiring; credit, debit, prepaid, etc.; local brand network operation under the brand of "BC" ; card issuing BPO (Business Process Outsourcing) to financial institutions; as well as Internet commerce and mobile payment solutions.
| Type | Public |
|---|---|
| Industry | Financial services |
| Founded | 1982 |
| Headquarters | 170 Eulji-ro, Jung-gu, Seoul, South Korea |
Area served | Korea |
Key people | Dongmyun, Lee, CEO |
| Products | Payment systems |
| 256,104,000,000 won | |
| 18,165,000,000 won | |
| Parent | KT (69.5%) Woori Bank (7.65%) |
| Website | www.bccard.com |
Global Payment Services
BC Card is a leading company in the Korean card industry and is growing into a global payment company, aiming to become a global payment provider. In 2008, when it established a local subsidiary in China, it launched a partnership with China Union, a Chinese credit card company, and launched the "China Series Card." Currently, BC Card is in charge of buying tickets (inbound) of foreign-issued Union Card in South Korea, so if you use a Union Card issued in China, the buyer will be stamped with BC Card on the receipt.
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).