Kt Corporation

Kook Heo

Youn-Pil Jeung

Sung-Chul Kim

Jin-Hyoung Lee

Young-Bin Cho

The disclosure is related to providing a payment processing service and a near field communication (NFC) tag processing service through the single smart card. The smart card may store identification (ID) information of one of a payment card and a NFC tag at a first memory sector and store associated information for providing a related service as the payment card and the NFC tag at predetermined memory sectors. The smart card may be also implemented with a NFC tag applet providing the ID information and the associated information as the NFC tag to the user terminal. The smart card may be recognized as the NFC tag while storing the ID information for the payment card at the first memory sector in the memory or as the payment card while storing the ID information for the NFC tag at the first memory sector in the memory.

Multifunction smart card

The disclosure is related to generating a temporal physical payment card with a predetermined valid period. One of virtual payment cards stored in user equipment is selected based on a selection input received from a user. Information on the selected virtual payment card is transferred to a physical dummy payment card with a predetermined valid period.

Growing community of inventors

Seoul, South Korea

Kook Heo