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Shinhan and Hana Card Join SKT's 'All-in-AI' Consortium to Develop AI Payment Agents

Finance · Major Banks · yonhap_finance · 2026-09-10

Shinhan Card and Hana Card have partnered with SK Telecom to develop 'Agent Pay,' an AI-integrated payment system for the 'All-in-AI' initiative.

What Happened

Consortium Partnership: Shinhan Card and Hana Card have officially joined the 'All-in-AI' project, a government-backed initiative led by SK Telecom. The two financial institutions will serve as key partners within a consortium consisting of 20 companies and organizations.

Service Development: The collaboration aims to create 'Agent Pay,' a service that integrates payment infrastructure directly into AI agents. This will allow users to perform seamless transactions directly within SK Telecom's AI chatbot interface.

Security and Compliance: Shinhan Card plans to implement robust security measures to mitigate risks associated with AI-driven payments. The company is also establishing a framework for dispute resolution and consumer protection to ensure safe financial transactions.

Project Timeline: The 'All-in-AI' project aims to provide free access to universal chatbots and AI agents based on domestic foundation models. Development is currently underway with a target launch date set for this December.

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