Author: Yi Whan-woo

Grooming

The financial industry appears to be attracting pet owners with new services, benefits

Packaged food for cats is displayed at a pet fair at COEX in southern Seoul, Jan. 19. YonhapBy Yi Whan-wooPet lovers are spending more to better care for their animals, prompting credit card companies and insurers to increase the number of benefits for their customers as well as launch new products and services that suit their needs.According to think tank KB Financial Group, a total of 5.52 million households owned companion animals in 2022. The number reached 25.7 percent of the country’s total households, an increase of 2.8 percentage points from the previous finding in 2020.Expenditure on veterinary hospitals averaged…

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