Global Loyalty Network
Global Loyalty Network (GLN) International is a South Korea-based cross-border payment network that embeds QR-based overseas payments, ATM withdrawals, remittance, and tuition/medical payment services into partner Korean apps for outbound travelers across 14+ Asian markets.
- Company typePrivate
- Founded2021
- HeadquartersSeoul, South Korea
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What Global Loyalty Network does
Global Loyalty Network (GLN) International is a South Korea-based cross-border payment network operator spun off from Hana Bank in July 2021 with 10 billion KRW in initial seed capital. The company operates a global QR payment and QR cash withdrawal infrastructure that connects Korean financial and fintech applications (Toss, KakaoPay, NaverPay, Samsung Wallet, Hana Bank apps, KB Star Banking, iM Bank, and its proprietary Purple GLN app) to merchant acceptance networks and ATM fleets in 14+ countries across Asia, including Vietnam (via NAPAS/BIDV/VIETQRGlobal), Thailand (SCB, 9,000+ ATMs), Japan (7Bank/JCB), China (UnionPay across 47 countries; WeChat Pay via Tenpay Global), the Philippines (AUB), Laos (BCEL), and others — reaching more than 200 million QR merchants according to company disclosures. Beyond payment, GLN provides overseas remittance (USA via Remitly, Laos via BCEL, China via Panda Remit), tuition-payment processing for international students in Korea (via BIDV, Alipay, UnionPay), and medical-payment processing for inbound medical tourists (via Send MN, Mongolia).
Revenue generation is exclusively transaction-based: GLN charges per-transaction fees on QR payments, QR ATM withdrawals (e.g., 85 THB per transaction in Thailand versus approximately 250 THB for credit-card ATM withdrawals), cross-border remittances, and tuition/medical processing. Distribution is OEM-style — services are embedded inside partner apps rather than acquired through standalone downloads — making this a B2B2C platform with both Korean app partners and foreign financial institution partners as customers. The company holds a Korean electronic financial business PG license (since November 2021), ISO 27001 and ISO 27701 certifications (April 2024), and was selected as an excellent AML institution by the Financial Services Commission in 2025. A March 2023 strategic funding round of approximately $83.9M brought in Kakao Pay, KB Global Platform Fund, Sumitomo Mitsui Trust Bank, and Taishin International Bank alongside the parent. As of Q1 2026, the GLN preload fund balance stood at 7.9 billion KRW, with a regulatory deposit of 11.8 billion KRW held at Hana Bank. Leadership transitioned in 2026 to CEO Lee Suk, following Kim Kyung-ho and founding CEO Han Jun-seong.
Global Loyalty Network firmographics
Firmographics- Name
- Global Loyalty Network
- Legal name
- 주식회사 지엘엔인터내셔널
- Website
- https://glninternational.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Global Loyalty Network (GLN) International is a South Korea-based cross-border payment network that embeds QR-based overseas payments, ATM withdrawals, remittance, and tuition/medical payment services into partner Korean apps for outbound travelers across 14+ Asian markets.
- Ownership category
- akta.pro rank
Global Loyalty Network industry classification
Industry- Product category
- Cross-Border Payment Infrastructure
- SIC
- Functions Related To Depository Banking, Nec (6099), Finance Services (6199)
- akta.pro primary industry
- Cross-Border & FX Payments Platforms (BPAMAFAK)
- akta.pro secondary industries
- Cross-Border A2A & Bank Transfer Networks (FSAMAIAF), Multi-Currency Accounts, Wallets & IBAN Services (FSAMAIAG), Payment Gateways & API Connectivity (FSAGABAB)
Keywords
Where Global Loyalty Network is headquartered
LocationHeadquarters
- HQ city
- Seoul
- HQ country
- South Korea
- HQ region
- Asia
Offices1 record
Markets served
Global Loyalty Network business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- QR Payment Transaction Fees: GLN charges merchants and/or users a transaction fee for each QR payment processed through its global network. The service offers lower fees compared to traditional credit card payments, making it competitive for travelers.
- QR ATM Withdrawal Fees: Users are charged a fee per ATM cash withdrawal transaction when using the QR withdrawal service abroad. In Thailand, the fee is 85 THB per transaction, approximately 50% cheaper than standard credit card ATM withdrawals (250 THB).
- Cross-border Remittance Fees: GLN charges fees for international money transfer services including small-value overseas remittance and inbound cross-border remittance (타발송금), processing payments between Korea and partner countries including Laos (via BCEL) and others.
- Tuition and Medical Payment Processing: GLN earns processing fees for facilitating international student tuition payments and medical bill payments for inbound foreign patients, connecting foreign e-wallets to Korean universities and hospitals.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | QR ATM withdrawal in Thailand: 85 THB per transaction (~3,900 KRW), approximately 50% cheaper than credit card ATM withdrawal at 250 THB (~11,500 KRW). |
| Usage-based | Pay-as-you-go | 10% cashback promotion for QR payments in China (on UnionPay and WeChat Pay networks) for transactions of RMB 100 or more, during the launch promotion period ending February 2026. |
| Usage-based | Pay-as-you-go | QR payment limits: single transaction max 2 million KRW, daily max 10 million KRW, monthly max 20 million KRW. |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels6 records
Global Loyalty Network product offering
Product offeringCore offering
GLN operates a cross-border QR payment and ATM cash withdrawal network that connects Korean financial institutions and digital wallets (Hana Bank, Toss, KakaoPay, Samsung Wallet, NaverPay, etc.) with international merchant and ATM networks across 14+ countries. Its Purple GLN app and partner-app integrations enable travelers to pay merchants abroad and withdraw local currency at partner ATMs in real time, without currency exchange or physical cards, and also provides overseas remittance, international student tuition payment, and inbound medical payment services.
Product overview
GLN (Global Loyalty Network) is a cross-border financial network that connects financial institutions and digital wallets worldwide to provide a unified global service chain. The core product is the Purple GLN app, which offers QR code payment and QR cash withdrawal (ATM) services for overseas travelers without requiring currency exchange or a physical card. The portfolio also includes an Overseas Remittance Service for cross-border money transfers, a Tuition Payments Service for international students in Korea paying via home-country e-wallets, and a Medical Payments Service for foreign patients paying Korean hospital bills through their home e-wallets. These services are accessible not only through the Purple GLN app but also through partner banking and fintech apps including Toss, Naver Pay, Kakao Pay, Samsung Wallet, Hana OneQ, Hana Money, Hana Card, and KB Star Banking, integrating GLN's network into users' existing financial apps.
Differentiator
Problem solved
Functional benefit
Brands
- 퍼플GLN (Purple GLN): GLN's primary mobile application for overseas QR payments, ATM withdrawals, and cross-border financial services
Products and services
- Purple GLN (퍼플GLN) Mobile App GLN's proprietary consumer mobile application providing overseas QR-code payment and QR ATM cash withdrawal services across GLN's global partner network, available on Google Play and Apple App Store.
- Global QR Payment Service Cross-border QR code payment service allowing Korean users to pay at overseas merchant locations (currently 200M+ QR merchants in 14+ countries) through embedded partner apps with real-time currency conversion.
- QR Cash Withdrawal (ATM) Service Cardless local currency cash withdrawal via QR code scan at partner ATMs abroad, including SCB (Thailand), 7Bank (Japan), BIDV (Vietnam), and BCEL (Laos), with fees significantly lower than credit card ATM withdrawals (85 THB vs. 250 THB in Thailand).
- Overseas Remittance Service Cross-border money transfer service enabling Korean residents to send and receive funds internationally, including small-value overseas remittance and inbound cross-border remittance (타발송금) via corridors including USA (Remitly), Laos (BCEL), and China (Panda Remit).
- Tuition Payments Service Service enabling foreign students studying in Korea to pay university tuition using their home-country e-wallets, connected to BIDV (Vietnam), Alipay (China), and UnionPay (China).
- Medical Payments Service Service allowing foreign medical tourists visiting Korea to pay hospital bills using their home-country e-wallets without needing a Korean bank account, supporting e-wallets such as SendMN (Mongolia).
Quantifiable outcome
- QR ATM withdrawal fee: 85 THB per transaction vs. 250 THB for standard credit card ATM withdrawal in Thailand (~66% savings)
- +2 more outcomes
Companies that use Global Loyalty Network
Customer profileNamed customers19 records
Segments5 records
Ideal customer profiles4 records
Global Loyalty Network technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration23 records
Feature5 records
Global Loyalty Network partnerships and signals
Strategic signalPartnerships
19 partnerships are on record, tiered core and minor.
- Tenpay Global (WeChat Pay / Weixin Pay)coreTenpay Global operates WeChat Pay, China's leading mobile payment platform. Through this partnership, GLN expanded QR payment coverage across all WeChat Pay merchants in Mainland China, enabling Korean users to pay at street food vendors, shopping locations, subway, and taxis using their Korean apps. The service covers everyday payment scenarios beyond traditional merchant locations.
- Hana Bank (하나은행)coreHana Bank serves as the sole settlement bank for GLN's Vietnam-Korea cross-border QR payment service. GLN is a subsidiary spun off from Hana Bank in July 2021. Hana Bank provides GLN's financial infrastructure and settlement capabilities for cross-border transactions. GLN's services are embedded in Hana Bank's mobile apps (Hana OneQ, Hana Money, Hana Card).
- Bank for Investment and Development of Vietnam (BIDV)coreBIDV serves as the Vietnamese settlement bank and merchant network developer for the Vietnam-Korea cross-border QR payment service. BIDV developed the VIETQRGlobal acceptance network covering hundreds of thousands of merchant locations in Vietnam, enabling Korean travelers to pay using their domestic banking apps at Vietnamese merchants in Da Nang, Phu Quoc, Nha Trang, and Ho Chi Minh City.
- National Payment Corporation of Vietnam (NAPAS)coreNAPAS operates Vietnam's national retail payment infrastructure and the VIETQRGlobal payment network. NAPAS connects and operates the VIETQRGlobal network to enable cross-border QR payment connectivity between Vietnam and South Korea, serving as the key infrastructure bridge for the Vietnam-Korea QR payment service.
- UnionPay InternationalcoreStrategic cooperation agreement for QR code payment services enabling GLN users to pay at UnionPay's global QR network spanning 47 countries and regions, and at WeChat Pay (Wexin) QR-acquiring merchants in Mainland China. GLN users can pay at UnionPay QR merchants and WeChat Pay merchants through GLN's app and partner apps including Toss, Hana Bank, Hana Money, and Hana Card.
- 7Bank (Japan Post Bank)core7Bank (Japan Post Bank subsidiary) operates ATMs in 7-Eleven convenience stores and airports across Japan. GLN's QR cash withdrawal service is available at 7Bank ATMs nationwide in Japan, allowing Korean travelers to withdraw Japanese yen using QR codes through their Korean banking apps.
- Siam Commercial Bank (SCB)coreThailand's major commercial bank providing 9,000+ ATMs nationwide for GLN's QR cash withdrawal service. Korean travelers can withdraw Thai baht using QR codes at SCB ATMs across Thailand, with transaction fees significantly lower than credit card ATM withdrawals.
- JCB International (Japan)coreJCB International partnered with GLN to expand global payment network coverage in Japan. JCB is a major international payment brand based in Japan, and the partnership enables GLN's cross-border payment services and QR merchant acceptance in Japan.
- Banque Pour le Commerce Extérieur Lao Public (BCEL)coreBCEL is Laos' state commercial bank. GLN partnered with BCEL for remittance service launch and QR cash withdrawal via BCEL ATMs in Laos, enabling cross-border money transfers and cardless cash withdrawals for travelers in Laos.
- KakaoPaycoreKakaoPay, one of Korea's most widely used mobile payment platforms, integrated GLN's cross-border QR payment and QR ATM withdrawal services. KakaoPay users can access GLN services for payments and cash withdrawals in Japan, Thailand, Vietnam, and Laos without needing a separate app or currency exchange.
- Toss (비 Toss)coreToss, a leading Korean fintech platform, integrated GLN's overseas QR payment and QR ATM withdrawal services. Toss users can pay at GLN-connected merchant networks and withdraw cash at partner ATMs abroad using their existing Toss accounts.
- NaverPay (네이버페이)coreNaverPay integrated GLN's overseas QR payment service, enabling NaverPay users to pay at GLN-connected merchants across Thailand, Japan, Taiwan, Laos, Singapore, Cambodia, Guam, Saipan, and Hawaii. Payments are automatically converted to local currency using real-time exchange rates.
- Samsung Electronics (Samsung Wallet)coreSamsung integrated GLN's overseas QR payment service into Samsung Wallet, enabling Samsung smartphone users to access GLN's global payment network at 800,000+ merchant locations in Thailand and 150,000+ in Japan without needing separate apps or currency exchange.
- Alibaba / Ant Group (Alipay)coreAlipay (operated by Ant Group, Alibaba) is a member digital wallet partner of GLN, enabling GLN's international payment network connections in the Chinese market alongside UnionPay and WeChat Pay.
- Moreta Pay (North America)minorMoreta Pay, a North American fintech platform, partnered with GLN to enable local users to access GLN's cross-border QR payment services through their Moreta Pay app, expanding GLN's reach in the North American market.
- DeCard App (Singapore)minorDeCard, a Singapore-based e-wallet app, partnered with GLN to enable Singaporean users to make QR payments through GLN's network in Thailand, Laos, the Philippines, Cambodia, and Mongolia using their DeCard app, representing GLN's expansion into Southeast Asian outbound travelers.
- Taishin Financial Holding (대만)minorTaiwan's Taishin Financial Holding, with its TaishinPay+ e-wallet, is connected to GLN's international QR payment network, enabling Taiwanese users to pay at GLN partner merchant locations using their TaishinPay+ app.
- Korea Overseas Infrastructure & Urban Development Corporation (KIND)minorKIND partnered with Hana Bank and GLN to explore joint infrastructure projects in Vietnam during the Korea-Vietnam Business Forum, expanding cooperation in infrastructure, energy, urban development, and green sectors alongside the QR payment service launch.
- Daegu Bank (대구은행)minorDaegu Bank signed an MOU with GLN for expanding global financial services, as part of GLN's strategy to onboard regional Korean banks onto its cross-border payment network.
Scale indicators10 records
Recent moves10 records
Expansion highlights6 records
Global Loyalty Network competitors and assessment
Company assessmentBroad incumbents
- Visa Direct: Visa's real-time push payments platform for cross-border person-to-person, person-to-business, and business-to-business transfers across 200+ countries. Comparable to GLN as a card-network alternative in cross-border payment rails; Visa has deeper global merchant reach but lacks GLN's QR-native interoperability with Asian super-apps.
- PayPal: Global cross-border digital payments incumbent operating across consumer, merchant, and remittance flows worldwide. Comparable to GLN at the conceptual level (cross-border payments) but operates at vastly larger scale, supports far more corridors, and is not focused on Asian QR payment interoperability.
- Mastercard Send: Mastercard's cross-border push payment platform enabling near real-time disbursements globally. Comparable to GLN's remittance and outbound payment services; Mastercard offers broader geographic reach but is not natively QR-led for Asian merchant acceptance.
Regional players
- KakaoPay: Korea's dominant mobile payment platform and a GLN investor and distribution partner. KakaoPay's scale (tens of millions of users) and capital strength position it as both the most important Korean distribution channel for GLN and a potential future competitor in cross-border payments.
- Toss (Viva Republica): Korea's leading consumer fintech super-app with ~30M users, offering payments, banking, investments, and overseas services. Toss is both a GLN distribution partner and a potential competitor as it expands its own cross-border payment capabilities. Strong product overlap and Korean-market comparability.
Direct peers
- Alipay+: Alibaba/Ant Group's cross-border mobile payment and merchant services network enabling Asian wallet interoperability across 100+ countries. Directly comparable to GLN as both serve the same core use case — letting users pay abroad using their home-country QR wallet — but Alipay+ is anchored on Chinese outbound travel rather than Korean.
- Remitly: Digital remittance platform connecting senders and recipients across thousands of corridors including a US-Korea link already partnered with GLN. Comparable in cross-border money movement (especially inbound remittance to Korea), although Remitly does not operate QR payment or ATM infrastructure.
- WeChat Pay (Tencent / Tenpay Global): Tencent's mobile payment platform with extensive cross-border QR acceptance, especially across mainland China and increasingly Southeast Asia. Now both a GLN partner (May 2026 integration) and a competitive threat — directly comparable in cross-border QR corridor economics, particularly the China-Korea corridor where GLN depends on it.
- Wise (TransferWise): Cross-border money transfer and multi-currency account platform serving consumers and small businesses with low-cost international transfers. Comparable to GLN's remittance arm and emerging multi-currency capabilities, although Wise does not focus on QR payment interoperability at the point of sale.
- UnionPay International: UnionPay's global subsidiary operating card and QR acceptance networks across 180+ countries. Comparable to GLN in cross-border QR payments (47-country QR footprint) and is also a direct GLN partner via the November 2025 strategic agreement; however, UnionPay is much larger and broader in scope.
Market position
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Global Loyalty Network social profiles
Digital presenceGlobal Loyalty Network compliance and trust
Trust signalCompliance2 records
Global Loyalty Network financial estimates
Financial estimateRevenue estimate
Valuation estimate
Global Loyalty Network leadership team
Management profileNumber of profiles
Profiles2 records
Global Loyalty Network funding detail
Funding detailFunding overview
Funding rounds1 record
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Global Loyalty Network M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Global Loyalty Network
What does Global Loyalty Network do?
GLN operates a cross-border QR payment and ATM cash withdrawal network that connects Korean financial institutions and digital wallets (Hana Bank, Toss, KakaoPay, Samsung Wallet, NaverPay, etc.) with international merchant and ATM networks across 14+ countries. Its Purple GLN app and partner-app integrations enable travelers to pay merchants abroad and withdraw local currency at partner ATMs in real time, without currency exchange or physical cards, and also provides overseas remittance, international student tuition payment, and inbound medical payment services.
Is Global Loyalty Network a public or private company?
Global Loyalty Network is a private company. It is classified as corporate owned and is currently operating.
When was Global Loyalty Network founded?
Global Loyalty Network was founded in 2021. It employs 51 to 100 people.
Where is Global Loyalty Network based?
Global Loyalty Network is headquartered in Seoul, South Korea, in the Asia region.
How does Global Loyalty Network make money?
Four revenue lines are on record. QR Payment Transaction Fees are the primary driver. The others are QR ATM Withdrawal Fees, cross-border Remittance Fees and tuition and Medical Payment Processing.
Who are Global Loyalty Network's main competitors?
Broad incumbents on record are Visa Direct, PayPal and Mastercard Send. Regional players are KakaoPay and Toss (Viva Republica). Direct peers are Alipay+, Remitly, WeChat Pay (Tencent / Tenpay Global), Wise (TransferWise) and UnionPay International.
Does Global Loyalty Network have an API?
No public API is recorded for Global Loyalty Network.
What industry is Global Loyalty Network in?
Global Loyalty Network's product category is Cross-Border Payment Infrastructure. Its primary akta.pro industry code is BPAMAFAK, Cross-Border & FX Payments Platforms, with a secondary code of FSAMAIAF, Cross-Border A2A & Bank Transfer Networks. Its SIC code is 6099.