'One-stop' reporting system introduced for lost credit cards
SEOUL, Oct. 4 (Yonhap) -- South Korea said Tuesday it will introduce a new system to enable reporting multiple credit cards lost or stolen with just a single phone call.
So far, card holders have been required to report separately to each card issuer.
South Korean adults have an average of 3.4 credit cards, according to government data.
Under the measure to take effect on Wednesday, they can make a single phone call to any of the eight credit card firms and 11 banks joining the initiative to report credit cards lost or stolen, the Financial Services Commission (FSC) said.
Toll-free calls will be available 24 hours a day, seven days a week.
The commission added it will expand the service in cooperation with the Financial Supervisory Service and the Credit Finance Association to involve more local banks and allow reporting through web sites or mobile apps.
lcd@yna.co.kr
(END)
-
1 
BTS' Suga releases new mixtape 'D-2'
-
2 
(LEAD) Capital area sees resurgence in COVID-19 cases following club, hospital infections
-
3 
BTS Suga's new mixtape 'D-2' tops global iTunes charts
-
4 
S. Korea eyes mobile entry logs to track, contain possible infections
-
5 
(4th LD) 4 nurses at major Seoul hospital infected with COVID-19, facilities partially closed
-
1 
(LEAD) Capital area sees resurgence in COVID-19 cases following club, hospital infections
-
2 
Five more foreigners deported for breaching self-isolation rules
-
3 
(LEAD) April air passengers fall to lowest level since 1997
-
4
(5th LD) New club-linked infections spook capital area, partially disrupt school reopening
-
5 
Summer to be hotter this year with occasional torrential rain: weather agency
-
1 
(LEAD) Boat found abandoned on west coast beach, illegal entry suspected
-
2 
(5th LD) S. Korea's new virus cases hover around 20 for 3rd day, Itaewon cluster keeps growing
-
3 
(2nd LD) N.K. leader presides over key party meeting to discuss increasing nuclear war deterrence
-
4 
1 kindergarten student contracted coronavirus in Seoul ahead of expanded school reopening
-
5 
New submarine or SLBMs likely next options for N.K. to claim enhanced nuke deterrence: experts
