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Competition Increasingly Fierce among E-commerce Payment Service Providers

Competition Increasingly Fierce among E-commerce Payment Service Providers

SEOUL, Sep. 23 (Korea Bizwire) — Competition between e-commerce payment service providers is dramatically increasing as KakaoTalk, a multi-platform texting application provider, launched its new mobile payment service KakaoPay. According to the leading app company on September 21, more than 130,000 users have joined the service only in about 20 days right after the launch. [...]

Convenient Mobile Payment Service “KakaoPay” Debuts

Convenient Mobile Payment Service “KakaoPay” Debuts

SEOUL, Sept. 6 (Korea Bizwire) – Kakao Inc. said on September 5 that it would officially launch “KakaoPay,” a service to allow its members to make easy payments with their mobile devices. KakaoPay users can make small payments with the simple entry of a password on their smartphone after registering with the service with their [...]