Leading the advancement of the payment industry, Korpay is paving the way
Date of establishment
May 2004
Annual Revenue
71.5 billion KRW
Transaction Volume
+ 2 trillion KRW annually
Number of Partner Agencies
+ 300
We are dedicated to ensuring the success of our clients’ businesses and will contribute to business growth through continuous support.
Services for Everyone
Creating value for everyone,
Korpay is making it happen.
02
VAN Service
Data mediation services, such as card approval intermediation and billing agency
With over 20 years of VAN service expertise and extensive nationwide distribution networks, we have unrivaled sales power, especially in the wireless terminal sector, holding the No. 1 position in South Korea.
04
Telecom and Activation Services
No. 1 in wireless terminal activations in South Korea
As an SKT IoT partner, we hold the undisputed No. 1 market share in wireless credit card terminals, offering various services and allowing customers to select products that suit their business environment.
01
PG Service
Integrated PG payment services for online and offline
Operating "KORPAY", offering payment and settlement agency services. Payments can be made via WEB, POS, card terminals, kiosks, apps, SMS, manual input, and more.
03
Payment Devices
No. 1 in domestic terminal manufacturing
Manufacturing and distributing payment-related devices such as wireless terminals, wired terminals, POS systems, smartphone dongles, and scanners.
05
Software
Expertise across all fields including PG, POS, ERP, and apps
Tailored design of POS software (for food service/retail) and ERP (for sales and inventory management), cloud service operation, and smartphone-linked payment apps (BizOne Mobile POS).
Creating value for everyone,
Korpay is making it happen.
01
PG Service
Integrated PG payment services for online and offline
Operating "KORPAY", offering payment and settlement agency services. Payments can be made via WEB, POS, card terminals, kiosks, apps, SMS, manual input, and more.
02
VAN Service
Data mediation services, such as card approval intermediation and billing agency
With over 20 years of VAN service expertise and extensive nationwide distribution networks, we have unrivaled sales power, especially in the wireless terminal sector, holding the No. 1 position in South Korea.
03
Payment Devices
No. 1 in domestic terminal manufacturing
Manufacturing and distributing payment-related devices such as wireless terminals, wired terminals, POS systems, smartphone dongles, and scanners.
04
Telecom and Activation Services
No. 1 in wireless terminal activations in South Korea
As an SKT IoT partner, we hold the undisputed No. 1 market share in wireless credit card terminals, offering various services and allowing customers to select products that suit their business environment.
05
Software
Expertise across all fields including PG, POS, ERP, and apps
Tailored design of POS software (for food service/retail) and ERP (for sales and inventory management), cloud service operation, and smartphone-linked payment apps (BizOne Mobile POS).
Korpay's Promise of Leading Innovation
The Journey of Payments Toward the Future
2024
Signed a Memorandum of Understanding (MOU) with Vietnamese IT company, AHT Tech
2023
Launched finance business in South Korea and three overseas countries
2022
Registered a patent for the "Real-time Advance Payment System" based on Big Data Electronic Payment Sales
2021
Selected as the final contractor for the Blockchain Diffusion Project, led by the Ministry of Science and ICT
2020
Launched the "Korpay" electronic payment gateway (PG) service
2019
Registered as an electronic financial business (Electronic Payment Gateway Business, Registration No.: 02-004-00152)
2017
Launched the "BizOne POS" smartphone payment solution
2016
Launched the "BizOne ERP" integrated inventory management solution
2014
Established C1IT Co., Ltd., a credit card terminal manufacturer
2011
Renamed the company to Korpay Co., Ltd., and signed an agreement with SK Telecom for IoT business
2010
Launched the "POSMAN" brand for POS solutions and services
2007
Released POS equipment (GP-1000, GP-2000) and solutions (POS24)
2006
Launched South Korea's first POS system B2B platform (www.posmall.kr)
2004
Established Korea Payment ST Co., Ltd.
Korpay has consistently developed various solutions required for payment processes and manufactured related devices, working tirelessly to enhance South Korea’s payment systems.
Although credit cards have long dominated as the main form of payment,the emergence of various fintech-linked easy payment methods has brought about a time of change, blurring the lines between online and offline transactions.
Furthermore, we will not be complacent in the limited domestic market, but will pioneer overseas markets to contribute to the national economy.