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Orico Launches Applications for "My Forrent Card," a Digital Card Supporting Credit Card Payments for Rent and Other Expenses

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AI Summary (NQ-processed)

Orient Corporation (Orico) has announced the launch of "My Forrent Card," a digital credit card designed for customers of its subsidiary, Orico Forrent Insure. The card allows users to pay rent, management fees, and other housing-related costs via credit card, streamlining payment management while offering AI-driven instant issuance and environmental benefits.

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Frequently Asked Questions

Q: When will Orico begin accepting applications for the My Forrent Card?
A: Orico will begin accepting applications for the My Forrent Card on March 30, 2026.
Q: What types of expenses can be paid using the My Forrent Card?
A: The My Forrent Card can be used to pay rent, management fees, parking fees, guarantee fees, and other related housing expenses.
Q: Who is eligible to apply for the My Forrent Card?
A: Only contract holders of Orico Forrent Insure Co., Ltd., a wholly-owned subsidiary of Orico, are eligible to apply for the My Forrent Card.
Q: How long does Orico's AI-based credit screening process take for the My Forrent Card?
A: Orico's AI-driven credit screening process for the My Forrent Card can be completed in as little as 90 seconds.
Q: Through which digital wallets can the My Forrent Card be used for contactless payments?
A: The My Forrent Card can be used for contactless payments via Apple Pay, Google Pay, and Samsung Pay.