In order to start using Kakao Pay, you must have an active bank account and mobile phone number.įollowing are the steps to help you create your Kakao pay account, and a guide for easy setup of Kakao Pay for foreigners. This information will be used to verify your identity and link Kakao Pay to your Kakao Talk account.
Your bank account and mobile phone number must be registered under the same name as the one you used to create your Kakao Talk account. So, do not worry as I give you steps to help you understand the setup of the Kakao Pay app in an easy way. However, Kakao Pay can be difficult and complicated to set up for foreigners as it is in the Korean language. The little signs including QR codes at local cafes, restaurants, and retailers – all indicate that payment through Kakao Pay is possible. Kakao Pay is a digital financial platform through which you can pay and transfer money as well as buy things online just by tapping on your mobile phone. Kakao Pay is basically the PayPal of South Korea. Kakao pay is moderately replacing conventional banking services. Leading this trend of not carrying bills and coins is Kakao corp with its app Kakao pay. The Kakao pay option was added in 2014 and debuted as the country’s first online payment app on mobile.Īs the world advances toward a more digitalized future, the use of bills and coins is declining and the use of cards and virtual money is increasing day by day. However, it is perhaps more widely used in daily life. Kakao talk is basically the Korean version of WhatsApp.
Kakao talk, commonly referred to as Katalk in South Korea, is messaging app available on smartphones and desktops.
Step 4: Verify Phone Source: Majid Mushtaq & Kakao Pay
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