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☰
Korean Virtual Account logo

Korean Virtual Account

Virtual bank account is a bank transfer option in South Korea. The customer who has the virtual bank account can make the payment with the online banking apps, e-wallets like Toss/Kakao/Payco or go to the ATM to transfer money.


Payment flow

  • Step1: Select Virtual Account as the payment option
Korean Virtual Acccount select
  • Step2: Enter your name
Korean Virtual Acccount enter name
  • Step3: Choose your bank and input your mobile phone number
Korean Virtual Acccount input
  • Step4: Confirm the payment information to proceed the payment
Korean Virtual Acccount confirm
  • Step5: Make a deposit to the virtual bank account you received via banking app/E-wallet/ATM
Korean Virtual Acccount deposit

Korean Virtual Account


name description
Countries KR
Type Bank Transfers
Processing currencies KRW
Supported currencies Refer to currency codes
Payment confirmation time Instant
Chargebacks No
Refunds No
Onboarding required No
Recurring Payments No
Mobile UI No
Opens new window Yes
Min Transaction Limit 500 KRW

Available models:

  • Merchant.

Included with your Paymentwall account.

  • MOR.

Terminal 3.

Questions?

Common questions are covered in the FAQ.
For integration and API questions, feel free to reach out Integration Team via integration@paymentwall.com.
For business support, email us at merchantsupport@paymentwall.com.
To contact sales, email bizdev@paymentwall.com.

To suggest a change to this documentation you can submit a pull request on GitHub.