KaKaoPay
Elevating Digital Payments through Social Innovation in South KoreaKakaoPay is a mobile payment and digital wallet service hailing from South Korea. Developed by Kakao, the company behind KakaoTalk, a popular messaging and social media platform, KakaoPay seamlessly merges communication and finance, providing users with a comprehensive platform for making payments, transferring funds, and accessing various financial services.
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Country
South Korea
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Population
Approximately 52 million (as of 2023)
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Smartphone Penetration
High, reflecting tech-savvy consumer base
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Usage of Mobile Payment Apps in South Korea
KakaoPay, Samsung Pay, Naver Pay
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KakaoPay
65%
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Samsung Pay
20%
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Naver Pay
10%
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Other
5%
- Type:Mobile Payment & Digital Wallet Integrated with Messaging
- Currency:South Korean Won (KRW)
- % of coverage:Expansive due to KakaoTalk's ubiquity
- Money transfers to date:1.3 trillion
- Refunds:Subject to the policies of partnering merchants and financial institutions
- Chargebacks:Possible through collaborating banks, subject to terms and conditions
Pricing request
Our fare pricing is designed to bring satisfaction to both sides of our partnership. The pricing structure is tailored to your specific business type and monthly turnover. Kindly send us a request, including details about your business, and our dedicated success manager will promptly get back to you with our best offer.