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KakaoPay

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.

Payment pricing

South Korea
€0.11

+

3.3%
Documentation
Pricing
KakaoPay logo

Ease of payment, ease of mind: Koreans top choice for easy payments (used by 93% of smart phone users) stable platform and most trusted

Part of the Ant Financial OSP offering

How it works

  • MyStore checkout screen with a QR code for e-wallet payment, showing Pay and Alipay Connect options.
    Shopper chooses KakaoPay
  • Mobile screen showing a numerical keypad for entering a pin code with a fingerprint icon above.
    Shopper signs in
  • Mobile screen showing a QR code for payment with e-wallet apps like Pay and Alipay Connect.
    Shopper scans QR code
  • Smartphone screen showing a mobile payment app interface with Face ID confirmation.
    Shopper authenticates via PIN
  • Thank you message with a confirmation that the order has been successfully placed and a 'Return home' button.
    Payment completed

Features

Payment type
E-wallet
Channel
Online
Available in
Asia Pacific
South Korea
Currencies
Settlement currency
USD
Processing currency
KRW
Other
Refunds
Partial refunds
Multiple partial refunds
Multiple partial captures
3D Secure
Chargebacks
Local entity required
Sales day payout
Settlement delay
5 days
Recurring

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Frequently Asked Questions

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