KakaoPay

KakaoPay is a mobile wallet operated by Kakao, a South Korean internet company.

As with most wallets, customers link a funding source to their wallet and receive a simple ID and password with which to make payments. Online and mobile payments via contactless NFC and QR-code are possible.

KakaoPay is also incorporated into KakaoTalk, the instant messenger service from Kakao, which allows users to send and request funds between contacts.

KakaoPay has more than 10 million users in South Korea.

Discover 450+ payment services

Explore the payment methods
We currently don’t offer this payment method. Get in touch to see what other options we have. Get in touch
Type Wallet
Company behind LPM Kakao
Market share details KakaoTalk is the messaging app of choice of 97% of Korea’s smartphone users. As of October 2018, KakaoPay transactions made using the service exceeded 2.3 trillion won (US$ 2.04 bn) monthly.
Market relevance High
Regions

E-commerce and payments insights by country

Discover how the world pays for things by exploring our e-commerce reports. We have one for almost every country on the planet.

United Kingdom United States Germany
We have 100+ countries

Regional payment guides

Interested in e-commerce reports by region

Dive into our regional data. Each one contains a mix of e-commerce and shopping behaviour insights.

Sales-more-questions-component

Got a question?

The friendly folks in our Sales Team will be happy to help, whether you’ve got a question about an e-commerce market or want to know more about what we can do for your business.