Naver's QR payment service available in 42 countries
Internet giant Naver’s payment platform, Naver Pay, said Wednesday that its QR-based offline payment service is now available at Alipay Plus merchants in 42 countries, mainly catering to Korean tourists.
"We are committed to actively expanding our payment service to establish it as the preferred payment method for Koreans traveling abroad," said a Naver Pay official.
The 42 countries span across Asia, including China, as well as European nations, the US, and Australia.
Following a payment partnership with Alipay to provide its payment service in China in September, the Korean company expanded its operations to 41 additional countries with the support of Alipay Plus, Alipay's global payment network.
Once users' setting is modified to Alipay Plus Oversea mode on the Naver Pay app, they can simply finalize the transaction by presenting their QR code for scanning at the designated payment location. Alternatively, users can also scan the Alipay Plus QR code at the payment location.
Overseas payments have emerged as a critical business segment for Korean payment companies.
Naver's cross-town rival, Kakao Pay, also offers a similar service for Korean tourists in over 50 countries and recently reported significant growth in overseas payment volumes.
"In the third quarter, overseas payments surged by 75 percent compared to the same period last year," said Baek Seung-jun, business head of Kakao Pay, during a conference call earlier this month.
(责任编辑:음악)
下一篇:North Korea threatens consequences after South Korea launches 1st spy satellite
- ·Kumho Petrochemical comits to net zero by 2050
- ·사법공백 두달…대법원장 후보 조희대 지명
- ·[Herald Interview] Kiss of Life continues to describe different aspects of freedom through music
- ·Jungkook's 'Golden' hits No. 2 on Billboard 200 with biggest
- ·야당, 노란봉투·방송3법 강행…여당, 필리버스터 예고
- ·Samsung Electronics accounts for 84% of Q3 smartphone sales
- ·Yoon's approval rating falls for first time in 3 weeks to 34.7%
- ·‘Gyeongseong Creature’ to lead year
- ·Province office raided in probe into wife of opposition leader
- ·美 ICBM '미니트맨
- ·PPP launches special committee on plan to include Gimpo into Seoul
- ·Seoul shares open higher on US advance
- ·'Single’s Inferno Season 3' returns with no
- ·Seoul shares shoot up nearly 2% on Fed's back
- ·Xi says 'willing to make bigger contributions' in letter to NK leader
- ·Embracing setbacks: KAIST students vie for the inaugural 'worst failure' crown
- ·North Korea threatens consequences after South Korea launches 1st spy satellite
- ·SPO and Lim Yun
- ·폰에 '파이팅' 문자 있는 여성 끌려갔다…北, 청년에 이런 단속
- ·Yoon hosts private banquet with chaebol chiefs
- ·Kia unveils ‘tiger
- ·Kia unveils ‘tiger
- ·'Single’s Inferno Season 3' returns with no
- ·J.Y. Park and Kim Wan
- ·Police turn to AI to predict crimes, drug tracking
- ·Exports log first rise in 13 months in sign of trade recovery for Korea
- ·North Korea threatens consequences after South Korea launches 1st spy satellite
- ·美 ICBM '미니트맨