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KakaoPay Review

KakaoPay
Our score: 8.8 User satisfaction: 95%

What is KakaoPay?

KakaoPay is a PCI-DSS compliant digital wallet application by Kakao Corp. It can be used together with other Kakao services, such as KakaoTalk, for sending and receiving money.

With KakaoPay, users can rest assured that their financial details are in good hands. That is because the app prompts them to input a password at the setup stage that they will use to authenticate every transaction. This lets them protect themselves from any unauthorized use of their cards.

Moreover, companies can even pay their utility bills and invoices online with KakaoPay. They can do this directly from the app or from Kakao’s messaging service. This makes it convenient for them to ensure the smooth running of their operations by paying their bills and invoices on time for utilities and services rendered.

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Overview of KakaoPay Benefits

Bills Management

KakaoPay connects with various utility services in South Korea to send bills directly to the app. This makes it easier for businesses to pay their bills, especially for always on-the-go freelance professionals and for companies with busy finance departments. This lets them make sure they do not incur penalties and cut services due to missed or delayed payments.

Password Authentication

KakaoPay ensures the security of users’ financial details through identity verification and password authentication. The former makes sure that it is indeed the owner adding cards to the digital wallet while the latter makes certain it is also the owner or an authorized individual making the purchase. This protects professionals and businesses from possible fraud that can negatively impact their companies’ finances.

Wireless Transfers

Professionals and companies can receive payments directly from their clients in KakaoPay. That is because the fintech app supports wireless transfers directly from KakaoTalk. On top of that, this service is free and has no hidden charges, making it a cost-effective and viable solution for both businesses and their customers.

Integrated Rewards

Physical loyalty cards, gift certificates, and coupons are easily forgotten at home or in other places, or in the worst-case scenario, lost. This renders those loyalty rewards and discounts unclaimable. But with KakaoPay, businesses can offer scannable loyalty cards with barcodes that customers can store in their digital wallet. This way, they can enjoy rewards and gain points for their purchases without fear of losing them.

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Overview of KakaoPay Features

  • Credit Card Payments
  • Mobile Payments
  • Cash Payments
  • Wire Transfers
  • Password Authentication
  • Identity Verification
  • Bills Management
  • Barcode Scanning

KakaoPay Position In Our Categories

Because businesses have unique business demands, it is only practical that they steer clear of preferring a one-size-fits-all, ”best” business application. At any rate, it is troublesome to discover such an app even among branded software solutions. The sensible step to do should be to take note of the various significant functions which require inspection including major features, plans, technical skill aptitude of staff, business size, etc. Thereafter, you should perform the product research fully. Browse over some of these KakaoPay reviews and scrutinize the other software solutions in your shortlist in detail. Such all-encompassing product research can make sure you drop unsuitable applications and select the one that meets all the features your company requires in growing the business.

Position of KakaoPay in our main categories:

TOP 10

KakaoPay is one of the top 10 Mobile Payment Apps products

Every company has different needs and requires a system that can be personalized for their size, type of workers and clients, and the specific industry they are in. For these reasons, no platform can proffer perfect tools out-of-the-box. When you try to find a software system, first be sure what you require it for. Read some KakaoPay Mobile Payment Apps reviews and ask yourself do you want basic features or do you require complex functionality? Are there any industry-specific tools that you are seeking? Get the answers to these queries to help your search. There are lots of factors that you need to consider and these include your budget, specific business needs, your organization size, integration needs etc. Take your time, check out a few free trials, and finally select the app that provides all that you need to enhance your company effectiveness and productivity.

How Much Does KakaoPay Cost?

KakaoPay Pricing Plans:

Free Trial

KakaoPay

Free

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What are KakaoPay pricing details?

KakaoPay Pricing Plans:

Free Trial

KakaoPay

Free

The Kakaopay service is free to use.  There are no enterprise pricing plans.

User Satisfaction

Positive Social Media Mentions 31
Negative Social Media Mentions 1

We are aware that when you choose to get a Mobile Payment Apps it’s vital not only to find out how professionals score it in their reviews, but also to find out whether the real clients and businesses that purchased it are genuinely satisfied with the service. Because of that need we’ve devised our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and KakaoPay reviews across a wide array of social media sites. The data is then presented in an easy to digest form showing how many clients had positive and negative experience with KakaoPay. With that information at hand you will be prepared to make an informed buying choice that you won’t regret.

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Technical details

Devices Supported

  • Windows
  • Android
  • iPhone/iPad
  • Mac

Deployment

  • Cloud Hosted

Language Support

  • English

Pricing Model

  • Free

Customer Types

  • Small Business
  • Large Enterprises
  • Medium Business
  • Freelancers

What Support Does This Vendor Offer?

  • email
  • phone
  • live support
  • training
  • tickets

What integrations are available for KakaoPay?

KakaoPay integrates with KakaoTalk for sending and receiving money.

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Jenny Chang

By Jenny Chang

Jenny Chang is a senior writer specializing in SaaS and B2B software solutions. Her decision to focus on these two industries was spurred by their explosive growth in the last decade, much of it she attributes to the emergence of disruptive technologies and the quick adoption by businesses that were quick to recognize their values to their organizations. She has covered all the major developments in SaaS and B2B software solutions, from the introduction of massive ERPs to small business platforms to help startups on their way to success.

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