Part of Ant Financial OSP, KakaoPay is a digital 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
|Payment type||Digital wallets|
|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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