Argos Introduces Global Digital ID for International Travelers

Foreign Tourists, Financial Barriers Lowered in Korea: Argos Identity Launches Global Identity Verification Service Foreign tourists visiting Korea can finally enjoy convenient financial services. Argos Identity has officially unveiled its innovative 'Global Identity Verification Service,' which allows the use of prepaid electronic payment methods and more without a foreign registration card, opening a new horizon for accessing domestic financial services. This service, set to significantly enhance the convenience for the surging number of tourists visiting Korea, is expected to inject vitality into the domestic financial market. This announcement follows the Financial Services Commission's recent designation of 45 new innovative financial services aimed at improving foreign tourists' access to domestic finance. Previously, under foreign exchange transaction regulations, prepaid electronic payment methods offered by other specialized foreign exchange business providers were limited to payments for goods and services only, causing significant inconvenience for tourists. Argos Identity's service transcends these regulatory barriers, offering true financial freedom. Argos Identity's Global Identity Verification Service is designed to allow tourists without a foreign registration card to securely use financial services. It incorporates sophisticated AI technology that fundamentally blocks identity forgery and strictly adheres to the 'one person, one account' principle, ensuring the highest level of security and reliability. Lee Won-kyu, CEO of Argos Identity, stated, "We are delighted that foreign tourists can now access Korea's financial services more easily and securely through Argos ID check. We will continue to strive for ongoing service enhancement to enable financial service providers to comply with regulations and strengthen security." Meanwhile, Argos Identity boasts non-face-to-face identity verification (eKYC) technology recognized by KISA for 99.996% accuracy. Currently, companies in 11 countries worldwide, including the United States, Korea, Switzerland, Germany, Singapore, and Hong Kong, are actively using this proven solution. Argos Identity's innovative technology is expected to provide a richer and more convenient experience for foreign tourists visiting Korea.