Coca-Cola implements Citi mobile collections in Korea

Coca-Cola’s Korean bottling partner moves away from physical cash collection to a mobile-based settlement system.

Coca-Cola Beverage (CCB), the Coca-Cola Company’s Korean bottling partner, has implemented a mobile collections solution from Citi’s global transaction services (GTS) business. According to the bank, the solution will eliminate the need for cash collections and make CCB’s receivables process more efficient.

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