Korea Financial Telecommunications & Clearings Institute (Kftc)

KFTC aims to contribute to the development of the financial industry by providing secure and convenient payment services. KFTC is a payment services institution established to support the development of financial industry by supporting smooth financial transactions as well as information exchanges. In order to launch the financial information network as one of the five nationwide network infrastructures, KFTC was established in June 1986 as a non-profit organization. Ever since the establishement, KFTC has launched and operated retail payment systems such as CD Network, IFT Network, HOFINET, Check Clearing, Giro. KFTC has also operated core infrastructure such as Accredited Certification.