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Starting next year, the end of the year settlement will be possible with the ‘PASS’ application that authenticates the three telecommunications companies.
Through a commercial agreement with the Ministry of Public Administration and Security, the three telecommunications companies announced that they will apply the PASS certificate to the simplified end-of-year settlement service of the National Tax Service as of January 15 of next year.
The three telecommunications companies were selected as candidates for the ‘Practical Project for the Expansion and Introduction of Electronic Signatures in Public Sectors’ organized by the Ministry of Public Administration and Security in September. It was subsequently designated as a confirmed commercial operator in recognition of its convenience, stability and versatility through due diligence.
In the future, ‘Pass’ users from all three telecommunications companies can select ‘Easy Signature Login’ on the National Tax Service’s local tax site and select a PASS certificate to access.
Simply enter your name, date of birth, and mobile phone number, and the ‘Pass’ app on your smartphone will automatically create an authentication pop-up and enter a password to complete the authentication.
PASS certificates can be issued in just two clicks with no additional verification procedures while the ‘Pass’ app is running. Reduced inconvenience by reducing registration time compared to other certificates that require separate mobile phone authentication or account authentication.
While the issuance process was simplified as much as possible, the security function was maximized to protect personal information.
According to the subscription information of the mobile phone, it has the highest level of security in Korea, as it goes through the two-step authentication of the mobile phone, which duplicates the name authentication and the device authentication, and encrypts the certificate information. and store it in a secure area inside the mobile phone.
Through a commercial agreement with the Ministry of Public Administrations and Security, the three telecommunications companies plan to make use of the PASS certificate in January of next year, in addition to the end-of-year settlement simplification service of the National Tax Service.
PASS certificates are currently actively used in the public sector, large financial institutions, and fintech industries.
Major insurance companies such as Tong Yang Life Insurance, KB Insurance, IBK Pension Insurance, Heungkuk Life Insurance and ABL Life Insurance are using the PASS certificate for a simple query of insurance underwriting documents, and Mirae Asset Daewoo introduced the PASS certificate for the first time as a securities company to simplify the electronic voting system. .
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Also, since December, more than 100 institutions such as NH Nonghyup Bank All-One Bank, Korea Copyright Commission Digital Copyright Exchange, Finck, Settle Bank, KSNET, SK E&S, and KT have been using the PASS certificate as a simple authentication method.
The three telecommunications companies said: “With the revocation of the official certificate, electronic signatures are activated and, based on stable business capabilities, we plan to expand the application of PASS certificates to various companies as well as public services, and continuously increase the customer convenience.
