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Korea Times September 16, 2026 By jjh@koreatimes.co.kr(KoreaTimes) positive

Woori Bank's prepaid card for foreign visitors surpasses 10,000 issuances amid rising inbound tourism

AI / LLMRegulation
Woori Bank’s specialized prepaid card for foreign visitors, dubbed the “NOL World Card,” reached the 10,000-issuance mark within just three months of its market debut, the bank said Wednesday. The card, jointly introduced by the bank, travel platform operator NOL Universe and fintech company Kona I, aims to make local financial transactions and daily shopping more convenient for international travelers amid the surge in inbound tourism and the corresponding need for easy-to-use local payment options. Data from the Ministry of Culture, Sports and Tourism show that foreign arrivals reached 10.71 million in the first half of this year, representing a 23.1 percent year-on-year increase. However, short-term visitors have long struggled with local financial barriers, as opening bank accounts or securing domestic credit and debit cards can be difficult, often leaving them reliant on cash exchanges or international payment methods. Designed to address these issues, the NOL World Card can be collected immediately upon landing at Woori Bank exchange counters at Incheon International Airport
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