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Payment methods, providers and fees in South Korea, grouped by who provides each rail and what each product charges.
Latest fee change recorded 26 Jul 2024
Priced in this market
Operating here
Across every channel
That fees here are charged in
1 product priced in South Korea
Digital wallet · Online · since
2.5%
2.50% on ₩135,538
9 products from 9 providers are priced here, including Alipay, Stablecoin settlement (USDC / USDT), JCB, KakaoPay, Visa / Mastercard International acceptance, Naver Pay.
Fee data on UnifyPay is indicative reference information, not a quotation. Rates change without notice, vary by contract, volume, risk profile and card mix, and many local rails publish no rate card at all. Always confirm against your provider's own pricing before making a commercial decision.
On the equivalent of $100, checkout rails only
Stablecoin settlement (USDC / USDT)0% → 0%Change26 Jul 2024
Visa / Mastercard International acceptance0% → 0%Change18 Mar 2024Visa / Mastercard International acceptance3.73% → 3.40%Decrease6 Mar 2024
Visa Cross-border scheme fees1.13% → 1%Decrease26 Feb 2024Visa / Mastercard International acceptance1.67% → 1.50%Decrease15 Jun 2023Crypto · Online · since
₩69
0.05% on ₩135,538
1 product priced in South Korea
Card · Online · since
3.25%
3.25% on ₩135,538
Digital wallet · Online · since
2.3%
2.30% on ₩135,538
Card · Online · since
Also priced for Chargeback, Currency conversion
3.4% + ₩416
3.71% on ₩135,538
Digital wallet · Online · since
2.4%
2.40% on ₩135,538
Card · Online · since
0.6%
0.60% on ₩135,538
Card · Currency conversion · since
1%
1% on ₩135,538
Real-time payment · Online · since
1.8%
1.80% on ₩135,538
Of the rails a business can accept online, UnionPay costs least on the equivalent of $100: 0.6%. The ranking can change at other amounts.
KRW: every fee recorded for South Korea is priced in it.
Of 11 fee records, none are published by the provider, 1 is reported by a scheme, a regulator or wide documentation, and 10 are estimated. Each fee shows which it is and when it took effect.
