KakaoPay
Let customers pay with KakaoPay. No configuration required.
Digital wallets are becoming the preferred way to pay in Korea, and KakaoPay is the most popular among young people in the country. It's part of the popular KakaoTalk instant messaging app.
Customers authenticate and confirm payments using the KakaoPay app, which requires proof of identification and a bank account, making it a quick and secure way to pay.
You don't need to set up a bank account in Korea to add KakaoPay as a payment option with Paddle.
primary market
KakaoPay is a popular payment method for customers in Korea and Koreans living abroad.
annual active users
KakaoPay had 32.3m annual active users of their services, as of Q4 2023.
key demographic
KakaoPay is the most popular payment method for gen Z and millennials in Korea.
Key features
Countries | KR |
Platforms | All |
Currencies | KRW |
One-time items | |
Subscriptions | |
Refunds | |
Chargebacks | |
Can be presented when saved? | |
Instalments |
Installment payments are between the purchasing customer and payment method issuer. When customers pay using installments, you receive the full amount as part of your payouts as normal. To learn more, see Installments
How it works
Customer chooses local payment methods option
Turn on KakaoPay by enabling Korean payment methods in a couple of clicks in your Paddle dashboard. Paddle automatically presents the option to pay using Korean payment methods for customers paying in a supported country and currency.
Customer chooses KakaoPay
Paddle launches a localized Korean payment methods workflow, where the customer can choose to pay using KakaoPay.
Customers may be asked to accept terms for KakaoPay.
Customer starts confirmation
If the customer is checking out on a desktop, they're prompted to scan a QR code with their phone. If they're on mobile, they're prompted to open KakaoPay.
Customer confirms purchase
Customer confirms purchase on their phone using their KakaoPay app.
Payment complete
If successful, Paddle Checkout shows a success screen or enters your success workflow.
Accept KakaoPay
Go to Paddle > Checkout > Checkout settings.
On the General tab, check Korean payment methods.
Click Save to apply.
Test KakaoPay
You can test Korean payment methods using your Paddle sandbox account, but you can't test KakaoPay directly yet.
To test Korean payment methods:
Turn on KakaoPay by enabling Korean payment methods for your Paddle account.
Open a checkout for a one-time item that's priced in
KRW
(South Korean Won).Pick Korea as the country on the first screen of checkout, then enter an email address.
Select local payment methods as the payment method.
Follow the prompts to complete purchase.
Paddle Checkout only presents Korean payment methods for items priced in South Korean Won, where the customer address is in Korea.