BC Card

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BC Card
Native name
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Company type
Subsidiary
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Headquarters,
South Korea
Area served
Korea
Key people
Dongmyun, Lee (CEO)
ProductsCredit cards
Payment systems
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Number of employees
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ParentKT (69.5%)
Woori Bank (7.65%)
Websitewww.bccard.com

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BC Card (KoreanScript error: No such module "Lang".) is a South Korean financial services company headquartered in Seoul. South Korea's largest payment processing company, it provides end-to-end payment services, primarily to financial institutions, as well as to local merchants through its subsidiary company Smartro; credit cards, debit cards and prepaid cards; 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.

Global Payment Services

BC Card is a leading company in the Korean card industry and is growing into a global payment company. In 2008, when it established a local subsidiary in China, it launched a partnership with China's UnionPay, a state-owned payment processing company, and launched the BC-UnionPay "China Tong Card."[1] Currently,[when?] BC Card is in charge of buying tickets (inbound) of foreign-issued UnionPay card in South Korea, so if a buyer uses a UnionPay card issued in China, the buyer's receipt will be stamped with BC Card.

Scope of use

BC cards are mainly accepted in South Korea, but since all currently issued cards are dual-label cards, they can be used globally through the network of another card organization.

In mainland China, only Shanghai Pudong Development Bank's teller machines can accept all types of BC cards directly through the BC card network.

Feature introduction

The services provided by BC Card [2] include an end-to-end credit card business processing platform, covering credit card insurance, delivery, authorization, reimbursement, merchant management, payment and settlement. In other words, BC Card provides a complete set of credit card services. Customized market research and analysis, risk management, brand management, product development and marketing.

Member companies

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 (all issuers), check card (Issued by Wooricard, SC Bank only))
  • BC Visa
  • BC Master/Maestro
  • BC JCB (Credit card only)
  • BC CUP
  • BC AMEX[3](Credit card only)

References

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  1. ^ Page Module:Citation/CS1/styles.css has no content.Seo, Ji-eun (February 4, 2008). "BC Card sets its sights on markets in China". Korea JoongAng Daily.
  2. ^ Page Module:Citation/CS1/styles.css has no content."BC Card | LinkedIn". kr.linkedin.com (in 한국어). Retrieved 2024-03-25.
  3. ^ Page Module:Citation/CS1/styles.css has no content."BC카드, 프리미엄 브랜드 아멕스와 핵심업무 제휴·실행 계약 체결" (in 한국어). Retrieved 2022-11-20.

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