Shinhan Card said on the 2nd that it has partnered with Toss to launch the Toss One Shinhan Card. The Toss One Shinhan Card features benefits dedicated to Face Pay. Customers can get a 1% discount when paying with a physical card on a regular terminal, 3% on a Toss terminal, and up to 17% when paying with Face Pay.
The discounts apply at restaurants, convenience stores, coffee shops, beauty salons, and sports centers. If registered with Toss Pay for easy payment, customers can receive a 3% discount regardless of merchant category.
The monthly discount cap for the Toss One Shinhan Card is 10,000 won for previous-month spending of 400,000–700,000 won, 22,000 won for 700,000–1,000,000 won, and 33,000 won for 1,000,000 won or more. Each discount is capped at 5,000 won per transaction. The annual fee is 27,000 won for domestic use only and 30,000 won for international use. Applications are available only through the Toss app.