Payment providers in South Korea
Payment providers in South Korea: PSPs, payment gateways and aggregators for pay-ins and payouts — local methods, rates and onboarding terms. Listings: 57.
Nominal Payments
Nominal Payments develops payment infrastructure for businesses operating in challenging international markets. We bring together merchants, local traders…
Business Expansion LLC
Business Expansion is a business infrastructure and international expansion partner helping iGaming, Web3 and FinTech businesses establish, structure and scale…
Starex
We ensure the stable operation of our payment infrastructure, regularly update payment details, and maintain high-quality processing so that your users can…
Paylee
Paylee — это сервис приема платежей для любых сегментов бизнеса. С его помощью можно совершать любые транзакции: заниматься e-comm, оплачивать рекламные…
Echorch Payment
Echorch Payment Orchestration & Payouts What We Do Echorch is a payment orchestration platform providing unified pay-in and payout infrastructure through a…
Danal
Danal is a payment gateway and payment services provider whose core market is South Korea. The company also states an international focus, which makes it…
Ereus PSP
The provider was founded in 2024. It offers P2P processing and crypto processing for betting, gambling, gaming and crypto projects, and settles with merchants…
Eromnet
Eromnet is a South Korean payment service that connects popular Chinese payment methods: WeChat Pay, UnionPay and Alipay. Beyond Korea, the company also…
Galaxia Moneytree
Galaxia Moneytree is a South Korean payment gateway and e-wallet. The service brings together several payment options popular in Korea, including offline…
Hecto Financial
Hecto Financial is a payment gateway and payment services provider from South Korea. The company supports local Korean payment methods and stablecoins and…
HOSTAPAY
HOSTAPAY is a P2P processing service that accepts payments through local payment methods. Its stated coverage is Uzbekistan, Kazakhstan and South Korea. How…
Jeton Wallet
Jeton Wallet is a payment system with an e-wallet and virtual cards, founded in 2018. The service accepts top-ups from major card schemes and crypto wallets…
Jupiter
Jupiter is a payment provider founded in 2024 that offers P2P transfers and crypto processing connected via API. The company openly works with betting and…
Kakao Pay
Kakao Pay is an e-wallet and business payment service in South Korea, launched in 2014. Merchants can accept wallet payments online, in physical stores and as…
KG Inicis
KG Inicis is an acquiring and payment services provider in South Korea. The company connects sellers to cashless payments from Korean shoppers. Why a local…
KICC
KICC is a payment gateway and payment services provider in South Korea. The company connects online shops and services to the local payment infrastructure so…
KIS Information and Communication
KIS Information and Communication is a payment gateway and payment services provider in South Korea. The company connects sellers to bank card acceptance…
KOCES
KOCES is a payment processing company from South Korea, legally registered as Korea Credit Card Payment Co Ltd. The entity name points directly to its profile…
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Payment processing in South Korea
South Korea is a card-heavy, mobile-first market with its own rules. Local customers pay with domestic cards issued by Korean card companies, with bank transfers to virtual accounts (a unique account number per order), and with super-app wallets such as KakaoPay, Naver Pay, Toss Pay and Samsung Pay. International Visa/Mastercard checkout works for cross-border sellers, but approval rates on Korean-issued cards are noticeably lower than with a local PG. This page lists {count} payment providers that declare KRW coverage.
What to look for in a Korean PSP
- Local acquiring vs. cross-border: a registered Korean PG (under the Electronic Financial Transactions Act, supervised by the FSC/FSS) gives domestic card routing; offshore gateways usually rely on international schemes.
- Virtual accounts and bank transfer: essential for high-ticket and repeat payments; check reconciliation speed and refund handling. See bank transfer in Korea.
- Wallet coverage: KakaoPay, Naver Pay and Toss are often decisive for conversion — confirm which ones are actually live, see local APMs in Korea and cards in Korea.
- Real-name verification: many flows require identity checks tied to a Korean phone number or bank account.
- Settlement: KRW payout to a local account or conversion to USD/USDT; Korean FX reporting rules can add steps.
High-risk, iGaming and P2P
Online casino and most betting are restricted for residents, so offshore operators, forex brokers and crypto projects searching for a betting or casino payment gateway in South Korea typically end up with P2P processing through virtual accounts and bank transfers handled by teams in Korea. Ask providers about account freezes, daily limits per account and how disputes are resolved.
Related hubs
- Payouts and mass payouts — KRW payouts to bank accounts
- Local payment methods
- Technology providers in Korea
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