Kakaopay is a South Korean online payment company that facilitates payment. Currently, South Korea's Kakaopay is communicating with China's Alipay, hoping to reach cooperation. After the cooperation between the two, Chinese people traveling to South Korea can easily use Alipay to make purchases at merchants, and vice versa. However, because kakaopay's influence in South Korea is not widespread enough, there is a long way to go.
Bind Alipay
1. Introduction to Kaopay
Kaopay is an integrated mobile payment service that can conduct second-hand transactions, shopping, giving gifts to friends, etc. The advantage of these services is the ability to settle and remit money directly within the Kakao conversation, thus providing such a more convenient transaction between consumers. Kakao scan-code payment mainly serves small businesses. Previously, Kakao was limited to transfers between Kakao friends. Now users can easily transfer money to anyone. As the largest comprehensive digital financial service platform in South Korea. Koreans can pay bills, pay taxes, buy insurance, borrow money, etc. through Kaopay.
2. Introduction to Alipay
Alipay Network Technology Co., Ltd. was established in 2004. It is a domestic third-party payment platform in China and is committed to providing enterprises and individuals with simple, safe, fast and convenient services. payment solutions. Since its establishment in 2004, Alipay has always regarded trust as the core of its products and services. Alipay has two independent brands, namely Alipay and Alipay Wallet. These two functions have great development prospects. Currently, the usage of these two functions by customers is also very high. Since the second quarter of 2014, Alipay has become the world's largest mobile payment company.
To sum up, although South Korea currently advocates traditional credit cards for consumption, the online payment function will develop rapidly in the future. Therefore, binding kakaopay to Alipay may become a reality in the future. Binding kakaopay to Alipay can bring great convenience to Koreans and Chinese people.