For this reason, motorists have avoided paying the parking fee by credit card and instead relied on paying in cash. Indeed, as much as 90 percent of parking charges are paid in cash at COEX.

BC Card has recently concluded an exclusive agreement with COEX, the biggest operator in exhibitions and conventions, to provide a parking fee settlement service for a certain time period. BC Card members who take advantage of this offer will receive benefits such as tax relief as well as reward points and frequent flyer miles.

Chang Hung-Shik, the Senior Manager at BC Card’s new product development, said, “This new service will do away with the inconvenience of having change ready, and will reduce waiting times. From now on, we will expand the service to other establishments for small sum payments.”