KT promotes making pledges on ‘ZooMoney’ mobile app

KT signed an MOU yesterday with Community Chest of Korea (CCK), a local charity, to promote a culture of making financial donations by utilizing its “ZooMoney” smartphone app, a mobile money service.

The telecommunications giant said users can click the main menu on the app and select a group or individual to whom they wish to make a pledge.

KT said it will donate 1,000 won ($0.92) on behalf of those who register by Dec. 22.

ZooMoney, which claims to be the world’s first digital currency available on a hand phone, only requires the receiver’s phone number be submitted in order to transfer money.

KT said the service will be applied to Android-based smartphones first and iPhones later. The company said donors can receive a receipt from CCK. The app can be downloaded at all app stores and any mobile carrier.

“With the donation service added to ZooMoney, everyone can now easily make pledges,” said KT President Pyo Hyun-myung. “KT will actively work to spread the culture of sharing and giving donations in society.”

Yonhap