KakaoPay payment method
KakaoPay is an eWallet (Ant Financial OSP) within Kakao Talk, the super app (the number 1 app in terms of downloads on the iOS and Google Play Store). It is an all-in-one app that users can safely make cashless and cardless payments for everyday usage, online purchases, as well as offline purchases. It is also a full financial app where users can manage their investments, and cross border P2P mobile remittance.
- Ease of payment, ease of mind: Koreans top choice for easy payments (used by 93% of smart phone users) stable platform and most trusted
- No local entity required
- One integration:Part of the Ant Financial OSP offering
- Part of Ant Financial OSP wallets
Accept KakaoPay with Adyen
Adyen offers the following with our KakaoPay integration:
| Market | South Korea |
| Settlement currency | USD |
| Channel | Ecommerce |
| Processing currencies | KRW |
| Recurring transactions | Yes |
| Refunds | Yes |
| Partial refunds | Yes |
| Multiple partial refunds | Yes |
| Multiple partial captures | No |
| Payouts | No |
| Settlement delay | 5-7 days |
| Chargebacks | No |
Different commissions apply depending on the payment method.
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