Naver Pay

Naver Pay is a popular E-wallet launched and operated by Naver Corporation. Users can use their linked card or points to make purchases via their Naver Pay E-wallet account

Naver Pay was launched in 2015 by South Korea’s top internet company, Naver Corporation.

Customers register their card or bank account details with the service, then use the card wallet to pay online without having to enter or reveal sensitive account information. The users can pay via their Naver Pay stored points too.

Naver Pay has a comprehensive reward points system which attracts many users to pay with Naver Pay for their online purchases.

Payment flow

  • Step 1: Choose Naver Pay
Naver Pay select
  • Step 2: The user can choose either card or Naver points to pay for the goods.
Naver Pay choose options
  • Step 3: The card is connected to their Naver account.
Naver Pay account
  • Step 4: The payment is successfully deducted on the account.

name description
Countries South Korea flag KR
Type E-Wallet
Processing currencies KRW
Supported currencies Refer to currency codes
Payment confirmation time Instant
Chargebacks No but Disputable
Refunds Full/partial refund, via API
Refund timeframe 365 days
Onboarding required Yes
Recurring Payments No
Mobile UI Yes
Open new window Yes
Min Transaction Limit 100 KRW

Available models:

  • Merchant.

Included with your Paymentwall account.

  • MOR.

Terminal 3.