Naver Pay Explained

Naver Pay
Developer:Naver Corporation
Operating System:Android
iOS
Platform:Android and iOS devices
License:Proprietary

Naver Pay (Hangul: 네이버 페이) is a mobile payment service launched by Naver Corporation. It is Naver's second mobile payment service after Line Pay, which was launched by Naver's Japanese subsidiary, Line Corporation in 2014.

Service

Naver Pay was launched on June 25, 2015 with support for 14 banks and 3 credit card companies as well as 53,000 member stores.[1] The service allows both mobile payment services through the app and online checkout for online shopping similar to PayPal.[2]

External links

Notes and References

  1. Web site: Naver Pay launches in Korea. 25 June 2015 . NFC World. February 28, 2018.
  2. Web site: Naver Pay to compete against KakaoPay. 25 June 2015 . The Korea Times. February 28, 2018.