Company Filing History:
Years Active: 2018-2023
Title: Innovations by Whan-Chul Kim in Payment Systems
Introduction
Whan-Chul Kim is a prominent inventor based in Seoul, South Korea, recognized for his contributions to the field of mobile communication technology and payment systems. With a total of two patents to his name, Kim has significantly advanced the safety and convenience of payment processes.
Latest Patents
Kim's latest patented invention is an "Authentication and Payment System and Method Using Mobile Communication Terminal." This innovative system comprises several components, including an issuer server, an issuer information management intermediate server, an acquirer server, and a payment server. The issuer server is responsible for issuing, managing, and operating various payment means. The issuer information management intermediate server manages the URL information required to access both domestic and international issuer servers. The acquirer server performs payment approvals and manages acquisition and settlement for member stores. Lastly, the payment server serves as an intermediary, providing authentication and payment services in response to requests from merchant terminals. This invention aims to create a secure and hassle-free payment process utilizing methods such as credit cards, electronic money, or mobile phone micropayments.
Career Highlights
Whan-Chul Kim is currently employed at Sk Planet Co., Ltd., where he continues to develop innovative solutions that enhance the payment technology landscape. His work at the company has positioned him as an influential figure in the industry, contributing to the evolution of payment systems in the mobile communication era.
Collaborations
Throughout his career, Kim has collaborated with talented coworkers like Jun-Won Choi and Se-Hyun Oh. Their teamwork and combined expertise have facilitated the development of groundbreaking technologies in the field.
Conclusion
Whan-Chul Kim exemplifies the spirit of innovation, particularly in the realm of authentication and payment systems. His patented technologies not only address existing challenges in payment processing but also pave the way for secure, efficient, and user-friendly solutions. As the landscape of mobile communication continues to evolve, Kim's contributions will undoubtedly remain influential in shaping the future of payment systems.