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Press Release
The company issues an IC chip that has functions such as a membership card, e-Money, and ID card, among others.
This service offers a prepaid transportation fee payment card function for Incheon, Kyunggi, and Jeju provinces.
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Students who subscribed to the Membership Pack service, are shown using the service in a local family restaurant.
On October 28, SK Telecom announced the launch of a Membership Pack service with an IC chip that has such functions as a transportation fee payment card, membership card, e-Money, ID card, etc. However, this service does not provide a credit card function. The company’s customers can use the IC chip by inserting it in their cellular phones.
Unlike existing chip-based MONETA Cards which require a customer to choose one credit card among five card issuers(Foreign Exchange Credit Card, Woori Credit Card, Hyundai Credit Card, Shinhan Credit Card, and LG Credit Card), the Membership Pack service is designed to provide a variety of chip-based services, without a credit card service, to teenaged customers who cannot apply for the regular MONETA service, due to its credit card function.
This service does offer a prepaid transportation fee payment card function for Incheon, Kyunggi, and Jeju provinces. Therefore, customers who reside in these provinces are allowed to make transportation fee payments with their cellular phones. As a convenience, they can recharge their cards on the website (www.nemo.co.kr), or wireless Internet service NATE, by using SK Telecom’s Nemo service that allows money transmission services via cellular phones.
Currently, SK Telecom has distributed MONETA devices that have credit card functions, as well as other membership functions, to 40 thousand customers. However, not all of these customers want to use the MONETA card’s credit card function. For this reason, by the end of this year, the company will select customers who do not want to use the credit card function, and send them an additional MONETA chip that does not have the credit card function. With this chip, the customers can enjoy a spectrum of beneficial membership services in member stores that have reading devices that facilitate MONETA services (called "Dongle"). They are then able to use the membership services without presenting the plastic MONETA membership card in the stores.
Upon receipt of the MONETA chip, customers can download a wide range of membership services such as Korean Airline Sky Pass mileage, Marche, Maxmovie, and Kyobo Bookstore, through their cellular phone. The downloading methods are as follows: Access ?SK Telecom’s Wireless Internet ’NATE’>>>2. Stock/Lottery/Finance>>>6. Credit Card/Loan>>>1. Access to MONETA Card ? Select MONETA Plus Menu on MONETA Key of MONETA Terminal>>> Access to M- Commerce Portal ?**28+ SMS receipt by pressing call button.
Jin Seok Cha, vice-president and head of SK Telecom’s m-Finance Business Division commented, "The Membership Pack service provides a vast array of beneficial membership services to customers who do not use the credit card functions. We will keep expanding the number of membership stores in order to offer more convenient and beneficial services to our MONETA service users".
SK Telecom lets existing Nemo service (e-Money) users make payments in offline stores through their cellular phones. To this end, the company supplied 40 thousand card authorization terminals, and 30 thousand reading devices, to affiliated stores across the country.
Unlike existing chip-based MONETA Cards which require a customer to choose one credit card among five card issuers(Foreign Exchange Credit Card, Woori Credit Card, Hyundai Credit Card, Shinhan Credit Card, and LG Credit Card), the Membership Pack service is designed to provide a variety of chip-based services, without a credit card service, to teenaged customers who cannot apply for the regular MONETA service, due to its credit card function.
This service does offer a prepaid transportation fee payment card function for Incheon, Kyunggi, and Jeju provinces. Therefore, customers who reside in these provinces are allowed to make transportation fee payments with their cellular phones. As a convenience, they can recharge their cards on the website (www.nemo.co.kr), or wireless Internet service NATE, by using SK Telecom’s Nemo service that allows money transmission services via cellular phones.
Currently, SK Telecom has distributed MONETA devices that have credit card functions, as well as other membership functions, to 40 thousand customers. However, not all of these customers want to use the MONETA card’s credit card function. For this reason, by the end of this year, the company will select customers who do not want to use the credit card function, and send them an additional MONETA chip that does not have the credit card function. With this chip, the customers can enjoy a spectrum of beneficial membership services in member stores that have reading devices that facilitate MONETA services (called "Dongle"). They are then able to use the membership services without presenting the plastic MONETA membership card in the stores.
Upon receipt of the MONETA chip, customers can download a wide range of membership services such as Korean Airline Sky Pass mileage, Marche, Maxmovie, and Kyobo Bookstore, through their cellular phone. The downloading methods are as follows: Access ?SK Telecom’s Wireless Internet ’NATE’>>>2. Stock/Lottery/Finance>>>6. Credit Card/Loan>>>1. Access to MONETA Card ? Select MONETA Plus Menu on MONETA Key of MONETA Terminal>>> Access to M- Commerce Portal ?**28+ SMS receipt by pressing call button.
Jin Seok Cha, vice-president and head of SK Telecom’s m-Finance Business Division commented, "The Membership Pack service provides a vast array of beneficial membership services to customers who do not use the credit card functions. We will keep expanding the number of membership stores in order to offer more convenient and beneficial services to our MONETA service users".
SK Telecom lets existing Nemo service (e-Money) users make payments in offline stores through their cellular phones. To this end, the company supplied 40 thousand card authorization terminals, and 30 thousand reading devices, to affiliated stores across the country.