{"id":402,"date":"2026-04-22T06:55:28","date_gmt":"2026-04-22T06:55:28","guid":{"rendered":"https:\/\/kstories.kr\/en\/tec260421002-en\/"},"modified":"2026-04-27T05:36:31","modified_gmt":"2026-04-27T05:36:31","slug":"tec260421002-en","status":"publish","type":"post","link":"https:\/\/kstories.co.kr\/en\/tec260421002-en\/","title":{"rendered":"The Revised Electronic Financial Transactions Act is Not Difficult! Kiwoong Information & Communications’ ‘Non-Face-to-Face real-name verification Service’ Offers the Solution"},"content":{"rendered":"
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The Revised Electronic Financial Transactions Act is Not Difficult! Kiwoong Information & Communications' 'Non-Face-to-Face real-name verification Service' Offers the Solution<\/div>\n

## Section 1<\/p>\n

Kiwoong Information & Communications (CEO Choi Byung-in), a data service platform specialist company, has launched its ‘Non-Face-to-Face [[KSTERM:\uc2e4\uba85\ud655\uc778]] Service,’ which simultaneously addresses prepaid business operators’ [[KSTERM:\uaddc\uc81c]] [[KSTERM:\ub300\uc751]] and [[KSTERM:\ub9e4\ucd9c]] expansion, in accordance with the revised Electronic Financial Transactions Act (Jeon-geum-beop) implemented in September 2024. The [[KSTERM:\ud575\uc2ec]] of this service lies in perfectly fulfilling the Anti-Money Laundering (AML) and Customer Due Diligence\/Enhanced Due Diligence (CDD\/EDD) [[KSTERM:\uc758\ubb34]] required by the revised regulations. Kiwoong Information & Communications’ ‘Non-Face-to-Face [[KSTERM:\uc2e4\uba85\ud655\uc778]] Service’ can preemptively block the disposition risk from the Financial Supervisory Service and reduce corporate legal liabilities through a step-by-step verification system that includes physical image OCR recognition and forgery\/alteration verification, identity card authenticity confirmation, and non-face-to-face account [[KSTERM:\uc2e4\uba85\ud655\uc778]]. Especially, if advanced security is required, it can be immediately linked with face recognition services, raising the reliability of [[KSTERM:\uc778\uc99d]] to the level of financial institutions.<\/p>\n

Through security verification, if user identification conditions are met, the prepaid [[KSTERM:\ucda9\uc804]] limit, which was restricted to 500,000 won for anonymous use, is immediately raised to 2,000,000 won. From the perspective of prepaid business operators, by resolving payment limit restrictions, they can establish a foundation to increase service utilization and maximize [[KSTERM:\ub9e4\ucd9c]].<\/p>\n

Kim Jong-ho, Managing Director at Kiwoong Information & Communications, stated, “As the [[KSTERM:\uaddc\uc81c]] Environment for the prepaid industry has been elevated to the financial sector level, swift and accurate [[KSTERM:\uc2e4\uba85\ud655\uc778]] has become a [[KSTERM:\ud575\uc2ec]] variable determining [[KSTERM:\uc0ac\uc5c5]] sustainability,” and he emphasized, “Through this service, which integrates advanced technologies such as facial recognition, we will support prepaid business operators in resolving legal risks and strengthening their business [[KSTERM:\uacbd\uc7c1\ub825]].”<\/p>\n

Kiwoong Information & Communications has already proven its technological capabilities and stability by supplying related services to large domestic prepaid business operators like C-Pay. In addition, it is actively discussing implementation with numerous promising prepaid business operators and is solidifying its position as a data service platform by presenting a new standard for the non-face-to-face [[KSTERM:\uc778\uc99d]] market.<\/p>\n

Kiwoong Information & Communications’ ‘Non-Face-to-Face [[KSTERM:\uc2e4\uba85\ud655\uc778]] Service’ will be an essential solution that helps prepaid business operators resolve legal risks and achieve stable [[KSTERM:\uc0ac\uc5c5]] operation and continuous growth in the strengthened Electronic Financial Transactions Act [[KSTERM:\ud658\uacbd]]. Kiwoong Information & Communications’ future steps are anticipated as it presents a new standard for the non-face-to-face [[KSTERM:\uc778\uc99d]] market with innovative technology.<\/p>\n

English-Korean Version<\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The Revised Electronic Financial Transactions Act is Not Difficult! Kiwoong Information & Communications' 'Non-Face-to-Face real-name verification Service' Offers the Solution…<\/p>\n","protected":false},"author":10,"featured_media":524,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[521,522,524,519,518,523,184,516,517,520],"class_list":["post-402","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tech-economy","tag-aml","tag-cdd","tag-data-service","tag-eft-act","tag-electronic-financial-transactions-act","tag-facial-recognition","tag-fintech","tag-kiwoong-information-communications","tag-non-face-to-face-real-name-verification","tag-prepaid-business-operator"],"_links":{"self":[{"href":"https:\/\/kstories.co.kr\/en\/wp-json\/wp\/v2\/posts\/402","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kstories.co.kr\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kstories.co.kr\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kstories.co.kr\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/kstories.co.kr\/en\/wp-json\/wp\/v2\/comments?post=402"}],"version-history":[{"count":3,"href":"https:\/\/kstories.co.kr\/en\/wp-json\/wp\/v2\/posts\/402\/revisions"}],"predecessor-version":[{"id":525,"href":"https:\/\/kstories.co.kr\/en\/wp-json\/wp\/v2\/posts\/402\/revisions\/525"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kstories.co.kr\/en\/wp-json\/wp\/v2\/media\/524"}],"wp:attachment":[{"href":"https:\/\/kstories.co.kr\/en\/wp-json\/wp\/v2\/media?parent=402"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kstories.co.kr\/en\/wp-json\/wp\/v2\/categories?post=402"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kstories.co.kr\/en\/wp-json\/wp\/v2\/tags?post=402"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}