The Peninsula chaebol started by rescuing Samsung's little princess.

Chapter 117 If you dare to use it, I dare to compensate.

There's a lyric in Psy's "Gangnam Style": "Although I look refined, I'm a man when it's time to have fun."

A man who goes completely insane at that time;

A man whose muscles are more substantial than his mind —

This describes the chaos that occurs in Gangnam District, Seoul, at night.

A group of men who are well-dressed and full of moral righteousness during the day, but at night, they indulge in debauchery in places where the sun cannot reach.

Compared to the chaotic nightclubs favored by young people, these middle-aged men with wealth and status prefer private clubs.

In such membership-based settings, there will certainly be fewer chaotic and disorderly behaviors, but the level of perversion will only be more outrageous!

However, they are also better at disguising themselves; at least until the important business is done, they need to maintain their image.

But when President Park opened the door and saw two men sitting inside, his previously passionate heart instantly cooled down.

Perhaps I'm doing it wrong?

"President Park?"

"Chairman Kim, I didn't expect you to be here too!"

"It's quite normal for Xinchao Bank to come at Chairman Li's invitation, isn't it? It's actually your BC company that's here, which is quite surprising."

Not to mention President Kim, even President Park himself was very puzzled.

Unlike the two people present, one being the chairman of Shinhan Group and the other the chairman of KB Financial Group, his BC Company was not on the same level as these large groups.

Needless to say, KB Financial Group is the largest bank on the Korean Peninsula, with KB Kookmin Bank, which has 2500 million customers in South Korea, accounting for 57% of the South Korean population.

As for the Shinhan Group, with the completion of its merger with Choheung Bank this year, Shinhan Bank has become the second largest bank on the Korean Peninsula, second only to the state-owned KB Kookmin Bank.

As for their BC Card company, it was only established 24 years ago and is currently the largest credit card company in the peninsula with the largest market share.

"Don't even mention Chairman Kim, I'm completely baffled myself!"

President Park couldn't help but shake his head.

"Do you think Chairman Li is planning to take out a loan?"

At this moment, the chairman of KB Financial Group spoke up and asked a question.

"this----"

The other two fell silent.

Is Samsung's Chairman Lee planning to buy out some small country by lending money to all three of them at the same time?

Fortunately, after the three of them sat down and waited for a short while, Lee Kun-hee finally walked in slowly.

The three quickly got up to greet him, but at the same time they noticed that there were two other people who came in with Lee Kun-hee.

One of them was the head of Samsung Financial; they had met.

The other young man, whom they had never met before, was someone they could guess was his identity from the way he was helping Lee Kun-hee.

"Please, everyone, have a seat. Thank you all for coming!"

Although Lee Kun-hee spoke very politely, everyone else waited for him to sit down first before taking their seats.

The reason these people were so polite to Lee Kun-hee was not just because he was a major client of these companies.

People who can influence the national economy with just their words are seen as gods of wealth by those who make a living from the economy.

"President Li, you're too kind. We've been wanting to meet you for a long time."

"How have you been feeling lately?"

The group exchanged pleasantries with Lee Kun-hee.

"I wonder what Chairman Li called us here for this time?"

After a brief chat, it was Chairman Kim of Shinhan Bank, with whom they had the closest relationship, who spoke first.

"This time it's not me inviting everyone, but this person next to me, you all know him, right?"

The group nodded quickly.

Who doesn't know the chairman of Mars Technology who recently got into a fight with SK?

In fact, when they saw Li Haorong, they already had a plan in mind, and it was probably still about Mars Technology.

The group exchanged glances, reaching a tacit understanding to decide not to participate in the fight.

When two conglomerates fight, it's like dogs fighting. They can just watch the show; who would actually get involved?

"Haorong, share your thoughts with everyone!"

Li Haorong knew it was his turn to perform, so he stood up and said to the group, "Greetings, presidents. I am Li Haorong from Mars Technology."

The reason I troubled Chairman Li to call you all here today is because I am deeply concerned about the backwardness of our country's online banking development. Not only are we lagging behind the United States, but even China has surpassed us.

I can't sleep at night whenever I think about this. The reason I invited you all here today is to discuss setting up an online bank!

Upon hearing about online banking, the group exchanged glances again, clearly surprised by the news.

It is currently 2006. Although online banking has been around for 10 years, it is still a novel concept for most bankers. It is something that should be in the future, but it may not be suitable for the current society.

"Since it's an online bank, what's our relationship with BC Company?"

At this moment, Chairman Kim of BC Card Company spoke up and asked a question.

"It's not just related, it's very important!"

Li Haorong nodded to the other party first, and then continued to explain: "The presidents may not be very familiar with online banking, so let me explain:

From a technical perspective, online banking generally needs to meet three requirements: e-wallet, payment gateway, and security authentication.

Among these, e-wallets, such as the online banking accounts of your major banks, are similar to e-wallets; the technical hurdles are not difficult!

As for payment gateways, the online credit card payment function launched by your BC Card company two years ago is already very mature and can be handled with a few minor modifications!

The final challenge lies in security certification, which we'll handle!

Unlike in later generations, people today naturally distrust online payments.

Just kidding, what if I enter my account and password online and someone steals all the money from my account?

What's more, Peninsula's credit card is so convenient; you can buy anything offline!

In comparison, online payment in this era is actually inconvenient. You have to enter your account number and password, and most importantly, there's not much to buy online!

"How do you plan to resolve this?"

Chairman Kim asked again.

"We will use MarsNet as a testing ground and launch a full refund system to help people accept the concept of online payment!"

"Full refund?"

"That's right, we eliminate all worries for our customers. We promise, 'If you dare to use it, I dare to compensate you!'"

The method Li Haorong is using now is the same method that Master Ma used on Taobao last year. He didn't even change the slogan; he simply translated the Chinese into Korean.

Li Haorong had been thinking about online payment for a long time, but the timing wasn't right and the business of MarsNet was insufficient to support this sector, so he temporarily put it aside.

But things are different now. Although Mars Coin sales have repeatedly hit new highs, Li Haorong can take the opportunity to launch an online top-up function to purchase Mars Coins.

Didn't SK Group say that users wouldn't receive compensation?

As long as there's a transaction record, you can freely lose your Mars Coins.

For him, it's all virtual anyway; the cost is just typing on a keyboard and electricity!

In addition, launching online payment on the peninsula is much simpler than in China, because here, not to mention university students, even many high school students have credit cards!

Just a few years ago, between 2002 and 2004, the Korean Peninsula experienced a period of great chaos in the credit card market, with the total number of credit cards nationwide exceeding 100 million.

Ordinary people have already reached the point where each person has five or six cards.

During that period, ordinary people on the peninsula did not need to fill in their occupation or confirm their current job when applying for a credit card; they could get one simply by submitting an application form.

Although the peninsula government began to regulate credit card management and establish personal credit rating systems in 2005, ordinary people have already become accustomed to using credit cards.

Right now, all Li Haorong needs to do is guide users to purchase Mars Coins online using credit cards to cultivate their online payment habits.

When the time is right, I will launch Mars Mall and make online shopping available to them!

It can be said that what Li Haorong did tonight was not only to retaliate against SK Group, but also for the future development of Mars Technology!

Everyone present was shocked by Li Haorong's slogan, "If you dare to use it, I dare to compensate."

Are there really fools willing to get involved in this mess?

Whether the user is scammed or there is a technical problem, how much money will he have to pay in compensation?

If he's not afraid of losing money, what are they afraid of?

Moreover, after some thought, they realized that this matter would not harm them at all, and even provided another channel for using their company's credit card.

Most importantly, they didn't care about the small amount of money that could be made through online payments, and even thought that Lee Kun-hee was making a fuss about calling them here today!

Rather than asking them for help, it was more accurate to say that Lee Kun-hee hoped Lee Ho-young would achieve something.

Thinking of this, their gazes towards Li Haorong changed, and a new suspicion arose in their minds:

Could it be that Lee Kun-hee intends to pass Samsung on to his son-in-law and is paving the way for him?