{"id":558898,"date":"2024-05-31T08:22:09","date_gmt":"2024-05-31T07:22:09","guid":{"rendered":"https:\/\/ibsintelligence.com\/?post_type=ibsi_news&#038;p=558898"},"modified":"2024-05-31T08:22:09","modified_gmt":"2024-05-31T07:22:09","slug":"gln-international-bcel-team-to-launch-remittance-service-to-laos","status":"publish","type":"ibsi_news","link":"https:\/\/ibsintelligence.com\/ibsi-news\/gln-international-bcel-team-to-launch-remittance-service-to-laos\/","title":{"rendered":"GLN International &amp; BCEL team to launch remittance service to Laos"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-550334\" src=\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2023\/08\/GLN.jpg\" alt=\"GLN, Remitly, Korea, Cross-Border, Instant Payments, Domestic Banks, Payments Solutions, APAC News, Korea FinTech, US Fintech, Daegu Bank, Korea, APAC, Banque Pour Le Commerce Exterieur Lao Public, BCEL, Loas, Fintech news, Korea News, JCB, Japan Fintech, Global Payments Network, Fonepay, Fintech News, AUB, Asia, united Bank, Philippines, QR Payments, Korea, SendMn, QPay Mongolia, Fintech News, QR Cross border, Payments Network, Fintech Solutions,\" width=\"180\" height=\"180\" srcset=\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2023\/08\/GLN.jpg 200w, https:\/\/ibsintelligence.com\/wp-content\/uploads\/2023\/08\/GLN-150x150.jpg 150w, https:\/\/ibsintelligence.com\/wp-content\/uploads\/2023\/08\/GLN-100x100.jpg 100w\" sizes=\"auto, (max-width: 180px) 100vw, 180px\" \/>Global Payment <a href=\"http:\/\/glninternational.com\/\">Network<\/a>, GLN International, has announced the launch of an international remittance service to Laos in partnership with BCEL (Banque Pour Le Commerce Exterieur Lao Public), the state-owned commercial bank in Laos.<\/p>\n<p>This collaborative <a href=\"https:\/\/ibsintelligence.com\/ibsi-news\/google-wallet-in-india-unveils-gift-cards-integration-powered-by-pine-labs\/\">launch<\/a> will enhance convenience with account verification and remittance limit inquiries.<\/p>\n<p>In 2022, GLN formed a partnership with BCEL, providing services such as QR payments and QR cash withdrawals (ATM). With the launch of this international remittance service, Laotian citizens residing in Korea can easily transfer funds to their home country using the GLN service integrated into BCEL&#8217;s mobile app.<\/p>\n<p>Notably, the GLN service allows users to verify recipient account information in real-time, preventing erroneous transfers. Additionally, users can check the current status of their remittances and review their annual international remittance limits.<\/p>\n<p><strong>Kyung-Ho Kim, CEO of GLN,<\/strong> stated, &#8220;Laotian workers and students residing in Korea can now use the GLN service to safely and conveniently access mobile international remittance services.&#8221; He added, &#8220;We will continue to expand our service areas and develop our systems to ensure that more customers can enjoy the benefits of our international remittance service.&#8221;<\/p>\n<p>Meanwhile, GLN, a subsidiary of Hana Bank established in July 2021, offers cross-border payment services such as QR payments and QR cash withdrawals (ATM) in major regions worldwide. Notably, the GLN QR payment service can be conveniently used without the need for currency exchange not only through the GLN mobile app but also via various apps like Hana Bank&#8217;s Hana One Q, Hana Money, Toss, KB Kookmin Bank&#8217;s KB Star Banking, and iMBank.<\/p>\n","protected":false},"author":35800,"featured_media":550334,"parent":0,"template":"","categories":[],"tags":[11864,37446,11712,44254,41481,41482,11402,40335,29572,21391,35898,38973,32753,39433,11418,38995,13660,13761,38277,38278,38025,41483,39513,24221,12479,44306,44307,23307,15440,28742,44473,29143],"class_list":["post-558898","ibsi_news","type-ibsi_news","status-publish","has-post-thumbnail","hentry","tag-apac","tag-apac-news","tag-asia","tag-aub","tag-banque-pour-le-commerce-exterieur-lao-public","tag-bcel","tag-cross-border","tag-daegu-bank","tag-domestic-banks","tag-fintech-news","tag-fintech-solutions","tag-fonepay","tag-gln","tag-global-payments-network","tag-instant-payments","tag-japan-fintech","tag-jcb","tag-korea","tag-korea-fintech","tag-korea-fintech-news","tag-korea-news","tag-loas","tag-payments-network","tag-payments-solutions","tag-philippines","tag-qpay-mongolia","tag-qr-cross-border","tag-qr-payments","tag-remitly","tag-sendmn","tag-united-bank","tag-us-fintech"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.9 (Yoast SEO v24.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>GLN International &amp; BCEL team to launch remittance service to Laos<\/title>\n<meta name=\"description\" content=\"Global Payment Network, GLN International, has announced the launch of an international remittance service to Laos with BCEL\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ibsintelligence.com\/ibsi-news\/gln-international-bcel-team-to-launch-remittance-service-to-laos\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GLN International &amp; BCEL team to launch remittance service to Laos\" \/>\n<meta property=\"og:description\" content=\"IBS Intelligence (IBSi) is the world\u2019s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. 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