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Mobile Payment Systems

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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.

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.

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

Position of KakaoPay in our main categories:

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KakaoPay is one of the top 10 Mobile Payment Systems products

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KakaoPay is one of the top 10
Mobile Payment Systems products

If you are interested in KakaoPay it might also be beneficial to examine other subcategories of Best Mobile Payment Systems listed in our base of SaaS software reviews.

Every organization has different wants and needs a software that can be personalized for their size, kind of workers and buyers, and the specific industry they are in. For these reasons, no software can provide perfect features off-the-shelf. When you look for a software product, first be sure what you want it for. Read some KakaoPay reviews and ask yourself do you desire basic functionality or do you want advanced functionality? Are there any industry-specific features that you are searching for? Obtain the answers to these questions to help your search. There are plenty of factors that you need to mull over and these include your budget, specific business needs, your company size, integration requirements etc. Take your time, check out a few free trials, and finally choose the app that presents all that you require to enhance your company effectiveness and productivity.

How Much Does KakaoPay Cost?

KakaoPay Pricing Plans:

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

User Satisfaction

We realize that when you make a decision to buy Mobile Payment Systems it’s important not only to see how experts evaluate it in their reviews, but also to find out if the real people and companies that buy it are actually satisfied with the product. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and KakaoPay reviews across a wide range of social media sites. The data is then presented in an easy to digest form showing how many people had positive and negative experience with KakaoPay. With that information at hand you should be equipped to make an informed buying decision that you won’t regret.






Technical details

Devices Supported
  • Windows
  • Android
  • iPhone/iPad
  • Mac
Language Support
  • English
Pricing Model
  • Free
Customer Types
  • Small Business
  • Large Enterprises
  • Medium Business
  • Freelancers
  • Cloud Hosted

What Support Does This Vendor Offer?


What are KakaoPay pricing details?

KakaoPay Pricing Plans:

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

What integrations are available for KakaoPay?

KakaoPay integrates with KakaoTalk for sending and receiving money.

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