LET'S GO
SOUTH KOREA

Local card coverage, maximum payment conversion, and minimum risks. With Worldline, you can access the Korean market with ease and do business like a local.

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South korean woman smiling

South Korea is the 3rd largest e-commerce market in Asia. A high-tech, cultural behemoth, the country features an affluent population, superior infrastructure, and one of the most advanced mobile markets in the world. With its strong and diverse purchasing power of over 51 million consumers, South Korea represents a plethora of opportunities for global companies looking to gain a foothold in Asia. Worldline can enable you to access this technologically advanced market with ease and do business like a local.

 



Worldline’s Offer

Worldline’s deep understanding of the South Korean financial ecosystem and local partnerships can help global online businesses process payments locally, as well as access the local market without having to set up a local entity. Our full-service cross-border payment solution provides:

 

Local card
acceptance

Optimise UX and conversion by offering all local and co-branded cards and a localised checkout experience

Best-in-class payment performance

Drive up approval rates, and eliminate card scheme fees and cardholder surcharges with local acquiring

Reduced foreign
exchange risks

Exchange KRW to USD on the same day at a guaranteed rate, and settle funds cross-border in 27 major currencies

Streamlined local entity requirements

Start processing payments locally without a local entity--- through a single API integration

 

professional gamer

Maximum Payment Conversion Guaranteed

 

100%

Audience coverage

40%

Fewer abandoned transactions for local processing vs. cross-border

Zero

Card scheme fees and cardholder surcharges

Local Card Coverage

Worldline enables you to access all local and co-branded cards
in South Korea.

 

bc card logohyundai card logokb-kookmin card logo keb-hana card logo
samsung card logo shinhan card logo lotte card logo nh card logo

 

Industries

Our new solution is available for retail, marketplaces, digital, gaming & media,
and travel businesses.

Cross-border commerce How to navigate the corridors of cross-border commerce

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Unlock the power of online payments

Contact our experts today.

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