Part of Ant Financial OSP, KakaoPay is an e-wallet within Kakao Talk, South Korea's most downloaded app in the Apple and Google Play store. KakaoPay lets users safely make cashless payments for everyday usage, whether online or in-store. It also offers users the option to manage their investments, and cross border P2P mobile remittance in-app.
How it works
- Shopper chooses KakaoPay
- Shopper signs in
- Shopper scans QR code
- Shopper authenticates via PIN
- Payment completed
|Available in||Asia Pacific||South Korea|
|Multiple partial refunds|
|Multiple partial captures|
|Local entity required|
|Sales day payout|
|Settlement delay||5 days|
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