Dongkuk Steel Lowers Credit Purchase Barriers With PayOne Guarantee

Dongkuk Steel has introduced the Korea Credit Guarantee Fund’s PayOne Guarantee to lower the barrier for customers using credit transactions. With the move, the company now has a credit payment system in place in addition to its cash card option, widening payment choices for customers. PayOne Guarantee allows users to handle the full process, from guarantee application to limit management, through Dongkuk Steel’s website, and issuance can be completed on the same day. The guarantee limit is 1 billion won per company, with benefits including deducted guarantee fees. Steel trading customers are expected to improve short-term cash flow by using credit payments. Source: mk.co.kr