KOVAN®

i♥People®

Select Language
top bottom
go
go
go

About KOVAN

Introduction

Look back on & forward to KOVAN;
its history, failures, successes and vision.
The leader of card check service now, and that of payment service in the future.
2016
Obtained patents for (i) method and system of order management and (ii) method and system of smart donation.

Obtained patents for methods and systems for smart order and smart donation.
2015
Entered into an e-Payment service contract with Krungthai Card Public Co., Ltd. (KTC) in Thailand.
2014
Obtained the Level 1 PCI DSS certificate from the PCI Security Standards Council.
2013
Obtained ISMS (Information Security Management System) certificate in Korea.
2012
Commenced Road Victims (Insurance) Policy Service in Thailand.

Commenced ATM (IC) card payment service in Korea.
2011
EDI Management System was upgraded for the mega-sized retailers by connecting it with their ERP System.
2009
Won the National Tax Service’s citation for the outstanding service contributed to the nation’s tax revenue increase.
2006
Successfully developed settlement data management system for the mega-sized retailers.

Established THAIVAN Service Co., Ltd. (KOVAN’s subsidiary) in Thailand.
2005
Successfully commenced issuance of cash receipt through EDC terminals installed at the affiliated merchants, and transfer of the payment data to National Tax Service.
2003
KOVAN developed a full-fledged Loyalty Program for the first time in Korea.
2002
Non-Stop Digital Donation Network System has been successfully launched for connections with a considerable number of orphanages and nursing homes for the aged, of which total number is reaching approximately 1,350 at present.

Obtained ISO 9001 certificate for the development and management of S/W & H/W for the electronic money and online reservation system.
1994
Successfully launched the Electronic Fund Transfer Service (EFTS) for the first time in Korea.

KOVAN was selected as VAN service provider for 'Debit-card Integrated Network' of the financial institutions.
1993
Printer-built-in EDC terminal was successfully launched for the first time in Korea.
1992
Alert Merchant Information Service (AMIS) was launched for the first time in Korea. But Korean government forced KOVAN to hand over this Service to the Credit-Card Cooperative Association.
1991
‘Online reservation & automatic ticketing kiosk’ has been developed by KOVAN for the first time in Korea in order to afford credit-card payment service for movie-goers at public places (banks and subway stations, etc.). This service, however, failed to attract public attentions for it was proven too early for the social environments prevailing those days.

ilovePeople

Digital Donation Network System
i♥People helps those who are are in pursuit of success only
in their daily lives only look around for the needy neighbors.
ilovePeople's Donation Terminal
Monetary donation can be made in cash or credit card in use of ilovePeople terminal installed at the merchant shops throughout the nation. Input of the name of the welfare facility that you want will directly deliver your donation to the designated welfare facility. Input of your mobile phone number will confirm the donation contents as it is connected to 'my donation note'.
Online Donation
A donator may select the amount for donation and the name of welfare facility in use of ilovePeople's online donation. And you may make donation to collection box. The content of the donation made can be reconfirmed on 'my donation note'.
Homepage (www.ilovepeople.or.kr).
Interconnection service for donation in kind, talent and volunteer work
ilovePeople provides interconnection service between donator and recipient for donation in kind, talent donation, or volunteer work. Enrollment of the donator's donation information on home page will be delivered to the person in charge at the relevant welfare facility. Thereafter the both parties may discuss the time and the place.
Support partner's service
Why don't you use support partner's service of ilovePeople! Through the receipt printed with QR code or sticker, donation event or campaign can go ahead and one can participate in donation together with the customer in the capacity of the sponsor. And ilovePeople provides information on how to make a proper donation for each support partner and statement of accounts.
Search for welfare facilities
ilovePeople helps you find the welfare facility for your preference, by regional groups and welfare facility types. And the welfare facilities are being controlled by the given codes (4-digits) and it can be selected on homepage and terminal at the time of donation.
Delivery of the total donation amount
ilovePeople does not deduct any penny from the collected donations and the donation in full amount is being delivered to the welfare facility. (The excluded is the financial institution's fee only.) The donated money and services are registered at Seoul Special City and are being lawfully managed.
My donation note
The user's ID or mobile phone number works together for on-line or off-line at ilovePeople. The name of the donator can be identified and the year-end tax adjustment can be done through the National Tax Service.
1

Donation by customers,

affiliated merchants,

and KOVAN family

2

POS & EDC terminal and

website for donation

3

Welfare facilities nationwide

and donation organizations

4

Year-end automatic reconciliation

of the donated amount

Together
'ilovePeople', which welcomes anyone's donation whenever and wherever, realizes 100% of your donation without reduction of a single penny under the pretext of management cost while it allows you to confirm details of your donation on 'My Page' of its homepage on a real time basis.

'ilovePeople' is the first non-stop Digital Donation Network System in the world since it has integrated all the functions described in 'ilovePeople' into a single donation system.

Clients

KOVAN is committed to the customers.
Go to National Tax Service Go to BNK Bank Go to Citi Bank Go to Daegu Bank Go to Kwangju Bank Go to Hana Bank Go to Industrial Bank of Korea Go to Jeju Bank Go to Jeonbuk Bank Go to Kookmin Bank Go to Nonghyup Bank Go to Shinhan Bank Go to Standard Chartered Bank Go to Suhyup Bank Go to Woori Bank Go to The Credit Finance Association Go to BC Card Go to Hana Card Go to Hyundai Card Go to Kookmin Card Go to Lotte Card Go to Nonghyup Card Go to Samsung Card Go to Shinhan Card

Products

Wired EDC terminals

Smart Payment Terminals
LOVE CHECK™ terminals deliver your love to the needy people!
LOVE CHECK™ LC 7402S (Kwang-Woo)

The minimal size and reasonable cost performance of EDC terminal

LOVE CHECK™ LC 7401S (Kwang-Woo)

The high-end performance and auto page cutting function of EDC terminal

LOVE CHECK™

LC 7402S

×
Components Items Specification
Security
Authentication
information
Authentication No. 2015-077-C1
Test Criteria Credit Card Terminal Information Protection Technology Criteria.10
Authentication
Expiry Date
21-08-2015 / 20-08-2020
Processor and
Memory
O/S Embedded Linux
CPU ARM 720T (32bit RISC)
PGM Memory 8MB Flash ROM
Data Memory 16MB SRAM
Input, Display
and Printer
Display 128 x 64 Cog Graphic LCD
Key Number 12, Function 11, Key Matrix
Printer 2" Thermal, 57mm(W) x 55mm(H)
Card Reader MS Reader Full Duplex ISO 2/3 Track
IC Reader IC Socket, ISO 7816, T=0; T=1
Connections Modem Dial Up Modem 1200bps ~ 56Kbps, 2Port
Ethernet LAN 10/100Mbps, 1Port
Serial 6Pin, 3Port
ETC Power DC 8.2V / 3.0A
Size 132mm(W) x 200mm(D) x 88mm(H)
Manufacturer Kwang-Woo Information & Communication Co., Ltd.
(http://www.kwinfo.co.kr/)
Release Date 08. 2015
LOVE CHECK™

LC 7401S

×
Components Items Specification
Security
Authentication
information
Authentication No. 2015-022-C1
Test Criteria Credit Card Terminal Information Protection Technology Criteria.
Authentication
Expiry Date
16-07-2015 / 15-07-2020
Processor and
Memory
O/S Embedded Linux
CPU ARM 720T (32bit RISC)
PGM Memory 8MB Flash ROM
Data Memory 16MB SRAM
Input, Display
and Printer
Display 128 x 96 Cog Graphic LCD
Key Number 12, Function 11, Key Matrix
Printer 3" Thermal, 79mm(W) x 70mm(H), 576 Dot
Card Reader MS Reader Full Duplex ISO 2/3 Track
IC Reader IC Socket, ISO 7816, T=0; T=1
Connections Modem Dial Up Modem 1200bps ~ 56Kbps, 2Port
Ethernet LAN 10/100Mbps, 1Port
Serial 6Pin, 4Port
ETC Power DC 8.2V / 3.0A
Size 130mm(W) x 200mm(D) x 115mm(H)
Manufacturer Kwang-Woo Information & Communication Co., Ltd.
(http://www.kwinfo.co.kr/)
Release Date 07. 2015
LOVE CHECK™ LC 7202S (Zoa Electronics)

The minimal size and reasonable cost performance of EDC terminal

LOVE CHECK™ LC 7203S (Zoa Electronics)

The high-end performance and auto page cutting function of EDC terminal

LOVE CHECK™

LC 7202S

×
Components Items Specification
Security
Authentication
information
Authentication No. 2016-307-C1
Test Criteria Credit Card Terminal Information Protection Technology Criteria.10
Authentication
Expiry Date
17-08-2016 / 16-08-2021
Processor and
Memory
O/S Embedded Linux
CPU ARM 920T 400MHz (32bit)
PGM Memory 128MB Flash ROM
Data Memory 64MB SDRAM
Input, Display
and Printer
Display STN Mono LCD 128 X 96 (6 Line)
Key Number 12, Function 7, Key Matrix
Printer 2" Thermal, 57mm(W) x 30mm(H), 384 Dots
Card Reader MS Reader ISO 7811 Track 2&3
IC Reader Standard ISO 7816, EMV Level 1/2
Connections Modem PSTN Modem(Up to 56K), 2Port
Ethernet LAN 10/100Mbps, 1Port
Serial USB 2.0 1-Port, RJ-11(6pin) 3-Port
ETC Power DC 9.0V / 3.0A
Size 121mm(W) x 187mm(D) x 93mm(H)
Manufacturer Zoa Electronics Co., Ltd.
(http://www.zoaelec.com/)
Release Date 2015
LOVE CHECK™

LC 7203S

×
Components Items Specification
Security
Authentication
information
Authentication No. 2015-144-C1
Test Criteria Credit Card Terminal Information Protection Technology Criteria.10
Authentication
Expiry Date
20-10-2015 / 19-10-2020
Processor and
Memory
O/S Embedded Linux
CPU ARM 920T 400MHz (32bit)
PGM Memory 128MB Flash ROM
Data Memory 64MB SDRAM
Input, Display
and Printer
Display STN Mono LCD 128 X 96 (6 Line)
Key Number 12, Function 12, Key Matrix
Printer 3" Thermal, 79mm(W) x 70mm(H), 576 Dots
Card Reader MS Reader ISO 7811 Track 2&3
IC Reader Standard ISO 7816, EMV Level 1/2
Connections Modem PSTN Modem(Up to 56K), 2Port
Ethernet LAN 10/100Mbps, 1Port
Serial USB 2.0 1-Port, RJ-11(6pin) 4-Port
ETC Power DC 24V / 2.5A(Mini DIN)
Size 172mm(W) x 196mm(D) x 161mm(H)
Manufacturer Zoa Electronics Co., Ltd.
(http://www.zoaelec.com/)
Release Date 2016
LOVE CHECK™ LC 7602S (Palmcheck)

The high-end performance and auto page cutting function of EDC terminal

LOVE CHECK™

LC 7602S

×
Components Items Specification
Security
Authentication
information
Authentication No. 2017-019-C1
Test Criteria Credit Card Terminal Information Protection Technology Criteria.10
Authentication
Expiry Date
24-01-2017 / 23-01-2022
Processor and
Memory
O/S Embedded Linux
CPU SAM9G35 32Bit Processor
PGM Memory 128MB Flash ROM
Data Memory 16MB SDRAM
Input, Display
and Printer
Display 128 x 64 Cog Graphic LCD white LED Backlight
Key 20 Key (LED white)
Printer 2" Thermal 48mm, 384 dot/line, Manual Cut, Max 90mm/sec (at DC8.5V)
Card Reader MS Reader ISO7811 track 2,3
IC Reader IC Soket, ISO7816 EMV Level 1/2
Connections Modem V.22bis ISO modem, Max 33.6kbps
DPSK Asynchronous, 2 Port
Ethernet LAN 100 Base T, 1 Port
Serial 4 Pin, 3 Port
ETC Power DC 8.2V / 3.0A
Size 120mm(W) x 210mm(D) x 90mm(H)
Manufacturer Palmcheck Co., Ltd.
(http://www.palmcheck.co.kr/)
Release Date 05. 2017

Wireless EDC terminals

Smart Payment Terminals
LOVE CHECK™ terminals deliver your love to the needy people!
LOVE CHECK™ LC 7301S (C1IT)

The minimal size and reasonable cost performance of EDC terminal

LOVE CHECK™ LC 7201S (Zoa Electronics)

The minimal size and reasonable cost performance of EDC terminal

LOVE CHECK™

LC 7301S

×
Components Items Specification
Security
Authentication
information
Authentication No. 2015-114-C1
Test Criteria Credit Card Terminal Information Protection Technology Criteria.10
Authentication
Expiry Date
23-09-2015 / 22-09-2020
Processor and
Memory
O/S Embedded Linux
CPU ARM 920T 200MHz(32bit)
PGM Memory 32MB Flash ROM
Data Memory 16MB SDRAM
Input, Display
and Printer
Display 132 x 64, FSTN
Key 16Key
Printer 2" Thermal, 57mm(W) x 30mm(H), 384 Dots
Card Reader MS Reader ISO 7811 Track 2&3
IC Reader Standard ISO 7816-3, EMV Level 1/2
Connections Modem CDMA LISA-U200
Serial USB 2.0, 1Port
ETC Power DC 8.4V / 1.0A / Lithium-ion battery 1800mA
Size 80mm(W) x 156mm(D) x 40mm(H)
Manufacturer c1it Co., Ltd.
(http://www.c1it.co.kr/)
Release Date 09. 2015
LOVE CHECK™

LC 7201S

×
Components Items Specification
Security
Authentication
information
Authentication No. 2015-053-C1
Test Criteria Credit Card Terminal Information Protection Technology Criteria.10
Authentication
Expiry Date
28-07-2015 / 27-07-2020
Processor and
Memory
O/S Embedded Linux
CPU ARM 920T 400MHz (32bit)
PGM Memory 128MB Flash ROM
Data Memory 64MB SDRAM
Input, Display
and Printer
Display 480 x 320 2.6" TFT LCD
Key 19Key
Printer 2" Thermal, 57mm(W) x 30mm(H), 384 Dots
Card Reader MS Reader ISO 7811 Track 2&3
IC Reader Standard ISO 7816-3, EMV Level 1/2
Connections Modem LTE BPL-M200 (Band 5)
Serial USB 2.0, 1Port
ETC Power DC 9.0V / 3.0A / Lithium-ion battery 1510mA
Size 82mm(W) x 48mm(D) x 160mm(H)
Manufacturer Zoa Electronics Co., Ltd.
(http://www.zoaelec.com/)
Release Date 07. 2015

POS

Smart Payment Terminals
LOVE CHECK™ POS delivers your love to the needy people!
LOVE CHECK™ ECPOS (C1IT)

The minimal size and reasonable cost performance of EDC terminal

LOVE CHECK™ ZED5/7 (OKPOS)

The high-end performance and auto page cutting function of EDC terminal

LOVE CHECK™

ECPOS

×
Items Specification
Authentication No. Software: 2015-016-P1(by POSBANK Co., Ltd.)
Card Reader: 2015-016-R1(by Duali Co., Ltd.)
Test Criteria Credit Card Terminal Information Protection Technology Criteria.
Authentication
Expiry Date
16-07-2015 / 15-07-2020
16-07-2015 / 15-07-2020
CPU Intel ATOM D2550 1.86GHz (Dual Core) + NM10
Memory DDR3 2GB (Max. 4GB)
HDD SATA2 HDD 320GB
Display 15" (1024 x 768) TFT LCD TOUCH
I/0 Port RS-232C(COM1~3 Port with 5/12V Power), USB x4, PS/2 x2, Gigabit LAN x1, RGB x 1, Audio 2 Ports
MSR SCS PRO MSR
OS Support Windows XP/Vista, Windows 7, POS Ready 2009/7
Power Adaptor 12V, 5A
Dimension 364mm(W) x 300mm(H) x 227mm(D)
Weight -
Option 10.1”/12.1” Dual LCD (1024 x 768)
manufacturer c1it Co., Ltd. (http://www.c1it.co.kr/)
LOVE CHECK™

ZED5/7

×
Items Specification(ZED5) Specification(ZED7)
Authentication No. Software: 2015-015-P1(by OKPOS Co., Ltd.)
Card Reader: 2015-015-R1(by Duali Co., Ltd.)
Test Criteria Credit Card Terminal Information Protection Technology Criteria.
Authentication
Expiry Date
16-07-2015 / 15-07-2020
16-07-2015 / 15-07-2020
CPU Intel ATOM D2550 1.86GHz (Dual Core) + NM10
Memory DDR3 SODIMM 2GB (Max. 4GB, 2Slots)
HDD SATA2 SSD 64GB (2.5-inch)
Display 15" (1024 x 768) LED LCD, LVDS,
5-wire Resistive TOUCH
17" (1280 x 1024) LED LCD, LVDS,
5-wire Resistive TOUCH
I/0 Port RS-232C(DSUB-9 x3, RJ45 x1), USB x6, PS/2 x2, Gigabit LAN x1, RGB x 1, Audio 2 Ports
MSR 2 Track Only
OS Support POS Ready 2009/POS Ready 7
Power AC 100~240V/50~60Hz, External 60/72W Adapter
Dimension 414mm(W) x 251mm(D) x 361mm(H)
Weight 8.4kg
Option 9.7"/15" (1024 x 768) Dual LED LCD
manufacturer OKPOS Co., Ltd. (http://www.okpos.co.kr/)
LOVE CHECK™ P2C (IMU)

The minimal size and reasonable cost performance of EDC terminal

LOVE CHECK™

P2C

×
Items Specification
Authentication No. >Card Reader: 2015-233-R1((by Duali Co., Ltd.)
Test Criteria Credit Card Terminal Information Protection Technology Criteria.
Authentication
Expiry Date
16-12-2015 / 15-12-2020
CPU Intel Celeron Proccessor J1900 2.42GHz
Memory DDR3 2GB (Max 8GB)
HDD 2.5" SATA2 SSD 64GB
Display 15" with WLED Backlight (1024 x 768), Single LVDS 24 Bits
I/0 Port Serial 4 Port, USB 6 Port, LAN 1 Port, Speker 1 Port, Mic 1 Port
MSR ISO7811, All Track
OS Support POS Ready 7, 10 IOT LTBS 2016
Power DC12V-5A Adaptor, 96VAC~250VAC, 47Hz~66Hz 60Watt
Dimension 354mm(W) x 246mm(H) x 339mm(D)
Weight 5.5 Kg
Option 10.1"/15.1" with WLED Backlight (1024 x 768)
manufacturer IMU Inc. (http://www.p2c.co.kr/)

Mobile Payment

Smart Payment Terminals
LOVE CHECK™ devices for mobile phone deliver your love to the needy people!
LOVE CHECK™ APPPOS (Infinix)

The minimal size and reasonable cost performance of EDC terminal

LOVE CHECK™ SWIPE CHIP (FirstPayment)

The minimal size and reasonable cost performance of EDC terminal

LOVE CHECK™

APPPOS

×
Items Specification (APPPOS DUAL) Specification (APPPOS W)
O/S Android App
CPU Coretex M3 100MHz
Memory Free RTOS / Flash 512 Kbyte / SRAM 128 Kbyte
MS Reader ISO 2&3 or ISO 1&2(JIS 1,2 Option)
IC Reader ISO 7816 IC 1 slot
Serial USB 1 port(power connection or PC connection) / Bluetooth
Printer - 1" Thermal, 34mm(W) x 25mm(H)
Power 3.7V@1000mA LLthum polymer Battery, DC 5V / 500mA
Manufacturer Infinix Co., Ltd. (http://www.infinix.co.kr/)
Release Date 2017
LOVE CHECK™

SWIPE CHIP

×
Items Specification
Power LI-PO 120MA Battery
Manufacturer FirstPayment Co., Ltd.
Release Date 2017

dongle & Sign-Pad

Smart Payment Terminals
LOVE CHECK™ devices deliver your love to the needy people!
LOVE CHECK™ 7401 P4 (Kwang-Woo)

The minimal size and reasonable cost performance of EDC terminal

LOVE CHECK™ 7401 P3 (Kwang-Woo)

The high-end performance and auto page cutting function of EDC terminal

LOVE CHECK™

7401 P4

×
Components Items Specification
Processor and
Memory
O/S Embedded Linux
CPU Cortex-M3
PGM Memory 64KB Flash ROM
Data Memory 16KB SRAM
Input, Display Display 128 x 64 STN Yellow COG LCD Touch Pressure
Key Number x 10 / Function x 3
Connections Interface RS-232C / USB 2.0 1Port
ETC Power DC 5V
Manufacturer Kwang-Woo Information & Communication Co., Ltd.
(http://www.kwinfo.co.kr/)
LOVE CHECK™

7401 P3

×
Components Items Specification
Processor and
Memory
O/S Embedded Linux
CPU Cortex-M3
PGM Memory 64KB Flash ROM
Data Memory 16KB SRAM
Input, Display Display 128 x 64 STN Yellow COG LCD Touch Pressure
Key Number x 10 / Function x 2
Connections Interface RS-232C / USB 2.0 1Port
ETC Power DC 5V
Manufacturer Kwang-Woo Information & Communication Co., Ltd.
(http://www.kwinfo.co.kr/)
LOVE CHECK™ 7300 P1 (JTEC)

The minimal size and reasonable cost performance of EDC terminal

LOVE CHECK™ 7200 P1 (Zoa Electronics)

The high-end performance and auto page cutting function of EDC terminal

LOVE CHECK™

7300 P1

×
Components Items Specification
Processor and
Memory
O/S Embedded Linux
CPU Coretex-M3
PGM Memory 256KB Flash ROM
Data Memory 48KB SRAM
Input, Display Display 128 x 64 STN MONO LCD Touch Pressure
Key Number x 10 / Function x 2
Connections Interface RS232C 2Port
ETC Power DC 5V
Manufacturer JTEC C&C Co., Ltd.
LOVE CHECK™

7200 P1

×
Components Items Specification
Processor and
Memory
O/S Embedded Linux
CPU ARM STM32F103C8 (32bit)
PGM Memory 64KB Flash ROM
Data Memory 20KB SRAM
Input, Display Display 128 x 64 STN Graphic LCD Touch Pressure
Key Number x 10 / Function x 3
Connections Interface RS-232C / USB 2.0 1Port
ETC Power DC 5V
Manufacturer Zoa Electronics Co., Ltd.
(http://www.zoaelec.com/)
LOVE CHECK™ DE-635 (Duali)

The minimal size and reasonable cost performance of EDC terminal

LOVE CHECK™ DE-636 (Duali)

The high-end performance and auto page cutting function of EDC terminal

LOVE CHECK™

DE-635

×
Components Items Specification
Processor and
Memory
O/S Embedded Linux
CPU 32bit ARM, ARM Cortex M4 Processor / 168MHz
PGM Memory 1MB Flash ROM
Data Memory 192KB SRAM
Input, Display
and Printer
Display 128x64 Graphic LCD (Mono) / Resistive touch
Serial RJ-11 (RS-232) x 2EA, FTDI USB x 1EA
Card Reader MS Reader ISO-7816 1/2/3/4
IC Reader EMV 1,2
RF/NFC 13.56MHz, ISO-14443 A/B, MIFARE, NFC Support
ETC Power DC5V@800mA / External Power, output DC 5V /2A
Size 111mm(W) x 150mm(D) x 51mm(H)
Manufacturer Duali Co., Ltd.
(http://www.dualpay.co.kr/)
Release Date 2017
LOVE CHECK™

DE-636

×
Components Items Specification
Processor and
Memory
O/S Android 4.2.2 Jelly Bean
CPU ARM Cortex-A7 Dual-Core
PGM Memory NAND Flash 4GB x 1EA
Data Memory SDRAM-DDR3 1GB x 2EA
Input, Display
and Printer
Display 4.3" TFT Color LCD / AVI, MPEG4 Support, HDMI to Micro D Type Output
Serial Lan 1 port, USB 2 port, Serial 2 port
Card Reader MS Reader 2 Track (2+3) / (3 Track option)
IC Reader EMV 1,2
RF/NFC 13.56MHz, ISO-14443 A/B, MIFARE, NFC Support
ETC Power DC 5V-2A
Size -
Manufacturer Duali Co., Ltd.
(http://www.dualpay.co.kr/)
Release Date 2017

Services

e-Payment service

About VAN Service
KOVAN is a digital bridge among clients

Based on the wired or wireless communication networks which connect affiliated merchants, financial institutions and National Tax Service, e-Payment service is provided through POS and EDC terminals, and promotion of various value-added services is expanding the new horizon of consumer market.

1
Issuance of Cash Receipt
When a customer pays in cash and presents his or her card(credit, debit or cash receipt card) or mobile phone number to an affiliated merchant shop, a cash receipt is issued to the customer and its details are transmitted to the National Tax Service for income tax incentives.
2
Authorization of Credit/Debit Cards
POS & EDC terminals installed by KOVAN relay transaction authorizations for credit card, debit card and/or check card to/from the relevant card company and bank on a non-stop service for 24 hours a day 7 days a week.
3
Loyalty Programs
POS & EDC terminals installed by KOVAN provide services for point accumulation and/or redemption to the holder of the merchant’s own membership card or other membership card in affiliation with the merchant.
4
e-Voucher Service
POS & EDC terminals of KOVAN process an exclusive point voucher card into which points are electronically recharged after transactions during a given period in replacement of paper voucher.

Security Management

Top Security System
KOVAN has obtained the relevant international certificates
for the security of e-Payment services, while it pursues development
and provision of various types of security solutions.
Certification of ISO Standard Management
This is to certify that the quality management system of the development, maintenance and operation of software & hardware related to the e-Money (credit / debit / smart card) and online reservation system is being strictly observed by KOVAN.
Certification of Information Security Management System
This is to certify that KOVAN is in compliance with the assessment standards for Information Security Management System certification in accordance with Article 47, Paragraphs 1 and 9 of ‘Act on Information Network Utilization and Data Protection, etc.’ and Article 47 of the Enforcement Decree of the same Act.
Certification of Payment Card Industry Data Security Standards
This is to certify that KOVAN is in compliance with all requirements listed up in the Report on Compliance (ROC) are marked in 'v3.2'. Thereby KOVAN has demonstrated full compliance with the PCI DSS.
ISP - Secure Payment Service

(Internet Secure Payment)

Based on ‘Public Key Infrastructure’ being recommended by the Financial Supervisory Service, the encrypted digital certificate is issued to the storage medium for each card holder, so that both the card company and card holder can share the card information only at the time of payment settlement on end-to-end basis.
Without input of card number and the term of validity, payment settlement is executed against the customer’s registered electronic certificate and PIN. The information security is guaranteed by prevention of leakage of card information.
The above service is provided by local service providers as well as some major foreign card companies and the annual number of transactions reaches 190 million.
MPI - Secure Payment Service

(Merchant Plug-In)

3D-Secure model developed by encryption based on international standard protocols has been modified to satisfy the local security requirements.
3D-Secure means the method for security of card holder’s information and prevention of illegal use of card, which is established by connecting ‘Issuer Domain’ and ‘Acquirer Domain’ through ‘Interoperability Domain’, whereby ‘security connection’ is provided.
3D-Secure is adopted by VISA (Verified by VISA), MasterCard (SecureCode), JCB (J-Secure), etc., respectively for co-authentication method. Korea has about 12 card companies who are using ‘the person verification method’ which is an essential part for the security of electronic commerce.

Merchant Management

All-in-One Solution for Merchant
is realized by CATECA, KOVAN’s integrated financial management system
  • KOVAN provides the systemized accounting service whereby its affiliated merchants can run an integrated financial management system for card sales records and details of deposit of the sales together, so that they can collect its sales without a penny of outstanding amount.
  • This system is designed for management of each affiliated merchant, sales data, transaction details, card sales slips, agencies, order of products, the merchant’s business and short message service.
  • The above services are provided in mobile version also in order to look into the information related to the affiliated merchant and administer the merchant business in a smart way at all times.
  • Main page for mobile device
  • Reference page for an affiliated merchant’s transaction details
  • Map service for agents to find out location of their affiliated merchants

SMS for Revenue

Notice for Card Sales Revenue
Breakdown of card sales is sent to each
merchant with a time interval as it wants.

Settlement Programs

KOVAN’s Settlement Program Customized for Merchants
Management programs for card sales, fees and deposit of settlement:
This program will help the affiliated merchants achieve ‘zero receivable’.

Information Desk

Contacts & Locations

Location of KOVAN

Korea VAN Service Co., Ltd.

Address:
2nd & 3rd Floors, the Hall of Baseball, 278, Gangnam-daero, Gangnam-gu, Seoul, Republic of Korea. (06258)
  • Tel: +82-1661-6400
  • Fax: +82-2-3463-4492
  • Email: webmaster@kovan.com

Location of THAIVAN (KOVAN’s subsidiary)

THAIVAN Service Co., Ltd.

Address:
No.3, Promphan 3 Building, Room No.1501-1507, 15th Floor, Soi Ladprao 3, Chomphon, Chatuchak, Bangkok, Thailand. (10900)
  • Tel: +66-1-661-6940~1
  • Fax: +66-2-661-6942
  • Email: webmaster@thaivan.co.th