Harex InfoTech Inc, based on Seoul, South Korea announced that through an alliance with JEJU Bank, opens various O2O services such as mobile direct debit payment and order ahead service in JEJU Banking App. powered by UBpay, User Centric Platform.
Park, Kyung Yang, CEO of Harex InfoTech said on March 30, "Key feature of JEJU Bank Direct Debit Payment Service, User Centric Base, is as follows: When in payment, customer’s valuable financial information such as account no. and PIN is never passed to merchant and is never stored in UBpay or JEJU Banking App so it can perfectly block to any possible leakage of customer’s financial information. In addition, it drastically enhances both user and merchant’s convenience by smart integrated payment system (payment, rewards, loyalty, and coupons all in one) with only PIN."
JEJU Bank adopts a user centric platform, UBpay, so that customers of JEJU Bank do not have to download the UBpay app separately and easily use JEJU Bank’s Direct Debit Payment Service in many stores and payment cases such as CU (convenient store), Aladdin (on-line book store), cultural gift certificate purchase and utility payment for 8.5 million apartments, etc. Moreover, when you use coffee shops and restaurants in Jeju area, you can order and pay before you visit or order and pay at the table.
Harex InfoTech Inc. plans to work with JEJU Bank to expand its franchisees to major tourist attractions and famous restaurants in Jeju Island and is soon to open Smart ATM Service offering customer to make pre-cash withdrawal reservation (withdrawal amount, type of note, etc.) with its JEJU Banking App and to touch its smartphone to the ATM of either JEJU Bank or Lotte for the cash out.
Harex InfoTech Inc., through the alliance with local general hospitals in Jeju area, will also introduce ‘Medical FinTech Service’ that patient can remotely pay the bill with his/her smartphone for the medical service taken without waiting in the long line at the payment desk and electronic prescription is automatically transferred to the drugstore where the patient choose and pay the bill as the same way.
"Harex will develop a complex types of financial and life friendly platform that can provide easy, fast and pleasant way to Jeju residents and tourists in through UBpay User Centric Mobile Payment Service." Park said.
Harex InfoTech Inc., the pioneer of Fintech, announced first mobile card payment system in the world at Silicon Valley, on April of 2000 and holds most critical patents applying to almost whole steps of mobile payment like issuing mobile card and its management, user centric payment system, multi-factor authentication system combining with PIN and biometrics. Harex InfoTech currently supplies the customized services to its alliance partners such as financial institutions, merchants, social-medias and various service providers with sharing Harex InfoTech’s own platform of user centric easy and smart integrated payment, smart ATM and easy remittance. The company is now under the expansion of shared marketing service that brings ‘Win-Win Model” to the consumers, merchant, financial institutions, and all the rest of alliance partners.