NAVER Pay
NAVER Pay is a mobile payment service underpinned by South Korea's search engine giant NAVER. Launched in 2015, NAVER Pay is the second mobile e-wallet launched by the internet company NAVER Group after Line Pay.
After creating a NAVER Pay account, users can bind bank cards, transfer money, and complete online and offline purchases. Furthermore, users can earn NAVER Points by using NAVER Pay for payments and joining other activities. They can then use those points to enjoy discounts on future payments.
Properties
The properties of the NAVER Pay payment method are shown in the following table:
Payment type | Digital wallet | ||
Acquirer | AntomSG, AntomEU, AntomUS, AntomUK | Merchant entity location | SG, HK, US, EU, UK |
Payment flow | Redirect | Refund | ✔️ |
Buyer country/region | South Korea | Partial refund | ✔️ |
Time to return payment result | Real-time | Chargeback/Dispute | ❌ |
Processing currency | KRW | Refund period | 365 days |
Minimum payment amount | 100 KRW | Default timeout | 14 minutes |
Maximum payment amount | For high-risk merchants: 2,000,000 KRW per day; 500,000 KRW per transaction | Supported plugins | ✔️ WooCommerce ❌ Shopify |
User experience
The following graphic shows the NAVER Pay app authorization process:
Figure 1. Authorization process with NAVER Pay
Supported online payment integrations
Antom offers a range of integration options tailored to each payment method. Each payment method may support different online payment integration options, allowing for flexibility based on your business requirements. The table below provides detailed information about the specific integrations available for each payment method:
[1] The PC client requires additional integration. After the buyer logs in, payment is not completed directly on the original page, but is automatically redirected to a new tab. It is recommended to enable the browser pop-up access, and create a new browser object (or window) in the code to open the pop-up page to process the payment.