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BC Card

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Payment processing company
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BC Card
Logo since 2009
Native name비씨카드 주식회사
Company typeSubsidiary
IndustryFinancial services
Founded1982; 43 years ago (1982)
HeadquartersSeoul, South Korea
Area servedKorea
Key peopleDongmyun, Lee, CEO
ProductsCredit cards
Payment systems
Operating income256,104,000,000 won
Net income18,165,000,000 won
ParentKT (69.5%)
Woori Bank (7.65%)
Websitewww.bccard.com

BC Card (Korean: 비씨카드) 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 Union, a Chinese credit card company, and launched the "China Series Card." Currently, BC Card is in charge of buying tickets (inbound) of foreign-issued Union Card in South Korea, so if you use a Union Card issued in China, the buyer will be stamped with BC Card on the receipt.

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 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(Credit card only)

References

  1. Seo, Ji-eun (February 4, 2008). "BC Card sets its sights on markets in China". Korea JoongAng Daily.
  2. "BC Card | LinkedIn". kr.linkedin.com (in Korean). Retrieved 2024-03-25.
  3. "BC카드, 프리미엄 브랜드 아멕스와 핵심업무 제휴·실행 계약 체결" (in Korean). Retrieved 2022-11-20.

External links

KT Corporation
Affiliates
Current
Former/defunct
Services
Sports
Credit, charge and debit cards
Major cards
Regional and
specialty cards
Defunct cards
Accounts
Debt
Interest
Payment
Interchange
Interbank networks
Security
Technology
Banking


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