Crypto.com Partners with KG Inicis to Enable Digital Asset Payments in South Korea
Crypto.com has partnered with KG Inicis, Payment Gateway (PG) and Value Added Network (VAN) provider in South Korea, to enable digital asset payments for foreign visitors through Crypto.com Pay.
KG Inicis, which processes over 400 million transactions annually, will support the integration of Crypto.com Pay across its merchant network.
The feature allows international travellers to pay with digital assets for a range of goods and services and facilitates payments on Korean e-commerce platforms.
Merchants can receive payments instantly in fiat or digital assets, while users gain flexibility in payment options.
Eric Anziani
said Eric Anziani, President and Chief Operating Officer at Crypto.com.
A KG Inicis representative added:
Crypto.com and KG Inicis will also explore further collaborations, subject to local regulations, including promotional activities, co-marketing opportunities, and the development of new products and services.
Featured image credit: Edited by Fintech News Hong Kong, based on image by h9images via Freepik
The post Crypto.com Partners with KG Inicis to Enable Digital Asset Payments in South Korea appeared first on Fintech Hong Kong.
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