BC Card

BC Card
	Logo since 2009
Native name	비씨카드 주식회사
Company type	Subsidiary
Industry	Financial services
Founded	1982; 42 years ago
Headquarters	Seoul, South Korea
Area served	Korea
Key people	Dongmyun, Lee, CEO
Products	Credit cards; Payment systems
Operating income	256,104,000,000 won
Net income	18,165,000,000 won
Parent	KT (69.5%); Woori Bank (7.65%)
Website	www.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."^[1] 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 ^[2] 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

Busan Bank
Citibank Korea
Daegu Bank
KEB Hana Card
Industrial Bank of Korea
KB Kookmin Card
Kyongnam Bank
Kwangju Bank
Jeju Bank
Nonghyup
Suhyup
Shinhan Card
Standard Chartered Korea
Woori Card
Korea Development Bank (not member, but issuer)
K Bank (not member, but issuer)
Korea Credit Union (not member, but issuer)
Korea Federation of Community Credit Cooperatives (not member, but issuer)
Korea Post (not member, but issuer)
National Forestry Cooperative Federation (not member, but issuer)
Korean Federation of Savings Banks (not member, but issuer)

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^[3](Credit card only)