KB Kookmin Bank announced on Monday the start of a donation event to support low-income families to commemorate surpassing 5 million users of the bank’s smartphone banking service.

Users of “Star Banking,” the smartphone banking service, can participate in the event to help out families composed of grandparents and their grandchildren with by simply “touching” the screen.

The bank accumulates 500 won per participant and donates the total to 500 households in need through Korea Food for the Hungry International.

The bank plans to hold various charity events for every millionth new smartphone banking user.

KB is also holding an event to give out gifts to customers who try out the revamped Star Banking for the first time.

KB is the first-ever local bank to offer a phone designating service, through which the customer can register one phone to use the smartphone banking service.

It is expected to prevent attempts to access accounts through other phones just in case the customer information is leaked, or phishing scams.

By Park Min-young  (claire@heraldcorp.com)