KakaoPay

Overview

KakaoPay is one of the most popular mobile payment and digital wallet service in Korea that allows users make mobile payments and online transactions. Users sign up for KakaoPay by registering with their national ID or bank account number. After they register, they can start funding their KakaoPay account by transferring funds from their bank account.​

The service supports contactless payments using near-field communications and QR codes.

Benefits

• New payment logo​

• Reach customers in Korea​

• Increase Conversion Rate for our carts​

Availability

Kakao Pay is available for MoR Merchants in Korea.

Supported currencies

Kakao Pay supports USD and KRW transactions.

Activation steps

Steps to activate KakaoPay in Control Panel:

1. Navigate to Dashboard

2. Go to Setup

3. Click on Ordering options

4. Click on Payment methods

5. Enable KakaoPay from the list

Purchase flow

1. Shoppers select South Korea in the shopping cart.
2. They place the order.
3. 2Checkout redirects shoppers to KakaoPay.
4. KakaoPay displays the QR code that shoppers need to scan.
5. Shoppers use their KakaoPay application to scan the QR code.
6. 2Checkout marks the order as Pending until shoppers place the order.
7. Shoppers place the order and the KakaoPay application confirms the payment.
8. 2Checkout marks the order as complete as soon as KakaoPay sends back an Instant Payment Notification.
9. Shoppers receive the Payment receipt and Electronic delivery emails from 2Checkout.

Note: You can configure unfinished payment follow-up emails from the Control Panel.