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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

Knowing that businesses have particular business-related needs, it is only logical they steer clear of going for an all-encompassing, “perfect” software system. Be that as it may, it is troublesome to try to discover such a software solution even among branded software products. The right step to do should be to shortlist the varied main functions which require analysis including major features, pricing, technical skill levels of staff members, business size, etc. After which, you should conduct your research exhaustively. Go over these KakaoPay evaluations and explore the other software systems in your shortlist more closely. Such comprehensive research ensure you steer clear of mismatched applications and choose the system which includes all the tools your business requires in sustaining growth.

Position of KakaoPay in our main categories:

TOP 10

KakaoPay is one of the top 10 Mobile Payment Apps products

Each company is different, and can need a specific Mobile Payment Apps solution that will be fit for their business size, type of customers and employees and even particular industry they deal with. We advise you don't count on getting a perfect services that is going to be suitable for each business no matter what their history is. It may be a good idea to read a few KakaoPay Mobile Payment Apps reviews first and even then you should keep in mind what the solution is supposed to do for your company and your staff. Do you require an easy and intuitive solution with just elementary features? Will you really use the complex tools needed by pros and big enterprises? Are there any specific tools that are especially beneficial for the industry you operate in? If you ask yourself these questions it is going to be much easier to find a trustworthy solution that will match your budget.

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 know that when you decide to buy a Mobile Payment Apps it’s vital not only to find out how experts evaluate it in their reviews, but also to find out whether the real clients and companies that bought it are indeed satisfied with the product. Because of that need we’ve devised our behavior-based Customer Satisfaction Algorithm™ that collects customer reviews, comments and KakaoPay reviews across a broad range of social media sites. The data is then featured in a simple to digest way showing how many people had positive and negative experience with KakaoPay. With that information available you will be equipped to make an informed purchasing choice that you won’t regret.

Video

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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