Payment Service
> Easy Payment APIs

> COATM

로고 아이콘 Launched Life Convenience Services

Through COOCON API’s, Toss, a Bigtech company in Korea, developed a service that enables immediate ATM cash withdrawal by typing an authorization code created on the mobile app.

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    NICE Total Cash Management, Lotte PS Net, Hyosung TNS, Hannet

  • Provides ATM Cash Deposit/withdrawal, its user guide, location of ATMs

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    Toss

  • Initial Set-up costs

  • Monthly fee

  • Additional fee
    (per transaction)

Payment Service
> Easy Payment APIs

> Account Holder Inquiry

로고 아이콘Provides Non-Contact Car Financial Services

Volkswagen Financial Services Korea, the capital brand of Volkswagen Group, developed non-contact car-related financial services; installment purchase, lease, and rental, by automating process of receiving payments through COOCON API’s.

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    All banks in Korea

  • Provide Account-holder verification result when processing services related with purchase, lease, rental of a car

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    Volkswagen Financial Services

  • Initial Set-up costs

  • Monthly fee

  • Additional fee
    (per transaction)

Payment Service
> Easy Payment APIs

> Account Based Easy Payment

로고 아이콘 Provides 24-hour ‘Direct Payment’ Service

GS Home Shopping (GS SHOP), Korea’s first TV home shopping channel, developed a Bank Account based Debit Payment service, which enables 24-hour payment through COOCON APIs, especially for nighttime customers who have difficulties with payments due to internal inspections of banks.

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    All banks in Korea

  • Provides Bank Account based
    Debit Payment

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    GS Home Shopping

  • Initial set-up costs

  • Monthly fee

  • Additional fee
    (per transaction)

Payment Service
> Easy Payment APIs

> Account-Verify 1₩(KRW) Deposit

로고 아이콘 Developed a Non-contact Real-name Verification Process

For the Non-contact Real-name Verification, KB Kookmin Card adopted the Account-Verify 1₩(KRW) Deposit API of COOCON which allows to reduce its costs of customer service and system monitoring.

  • 이미지

    All banks in Korea

  • Provides an authorization code
    when KRW 1 is transferred to
    a customer’s account of KB Kookmin Card

  • 이미지

    KB Kookmin Card

  • Initial set-up costs

  • Monthly fee

  • Additional fee
    (per transaction)

Payment Service
> E-Banking APIs

> Virtual Account

로고 아이콘 Confirms the Accuracy on Receiving Payments

KT, the largest telecommunications company in Korea, adopted COOCON’s virtual account to automate the process of receiving payments and prevent errors in it.

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    All banks in Korea

  • Provides virtual account and
    its deposit details

  • 이미지

    KT

  • Initial set-up costs

  • Monthly fee

  • Additional fee
    (per transaction)

Payment Service > E-Banking APIs
> Direct Deposit

로고 아이콘 Automated the Settlement of
Credit Sale Payments

Lotte Card, which owns the nation's largest distribution and service networks, processes credit sale payments, to be deposited to a countless number of its card member stores, at one time through COOCON API.

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    All banks, online banks and
    securities firms in Korea

  • Withdraw cash from its corporate account
    and deposit it to the accounts of
    its card member stores

  • 이미지

    Lotte Card

  • Initial set-up costs

  • Monthly fee

  • Additional fee
    (per transaction)

Payment Service > E-Banking APIs
> Direct Debit

로고 아이콘 Automated the Process of Collecting
Insurance Premiums

LINA Life Insurance, a Korean affiliate of a global financial group, Cigna, developed insurance premium transfer service through COOCON. They collect insurance premiums regularly from registered accounts of customers.

  • 이미지

    All banks, online banks and
    securities firms in Korea

  • Withdraw insurance premiums from
    customers’ accounts and
    transfer them to its account

  • 이미지

    LINA Life Insurance

  • Initial set-up costs

  • Monthly fee

  • Additional fee
    (per transaction)

Payment Service > E-Banking APIs
> Transaction Details Notification

로고 아이콘 Simplified Account Management

Korea Student Aid Foundation, the organization exclusively responsible for scholarship projects in Korea, is managing its accounts of loan, scholarship and donation projects conveniently with data of financial transaction details through COOCON API.

  • 이미지

    All banks, online banks and
    securities firms in Korea

  • Provides transaction details of
    accounts real-time

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    Korea Student Aid Foundation

  • Initial Set-up costs

  • Monthly fee

  • Additional fee
    (per transaction)