Hana Financial's Travlog tops 10 mil. users amid digital innovation drive

Hana Financial Group’s Travlog platform has surpassed 10 million users, a feat highlighting the platform’s dominance amid the group’s accelerating shift toward digital travel finance services for outbound tourists, the group said Sunday. This solidifies Hana’s position as a leader in overseas payment and foreign exchange services amid fierce competition between banks and fintechs to lock in a growing number of Korean travelers seeking easy, mobile-enabled financial services abroad. The group said Travlog has 5.4 trillion won ($3.6 billion) in foreign exchange transactions as of last week, the largest amount recorded by any financial platform in Korea. It has also maintained the top market share in the overseas debit card market for 34 consecutive months. Launched in July 2022, the platform was the first financial entity to introduce a fee-free foreign exchange service for international travelers. It also removed overseas remittance fees and overseas automated teller machine withdrawal fees. As of December, these services led to a combined 336 billion won in savings for users. The seWeiter zum vollständigen Artikel bei Korea Times Weiter zum vollständigen Artikel bei Korea Times