
Korea to Increase Investments in Fintech
the Republic of Korea is considered a leader in terms of state investments in innovative industries.
Paythrone provides card processing as well as alternative payment methods in every region your company is willing to target. We provide pay-in and payout services in one multicurrency merchant account and through the most secure payment gateway platform.
Our unique gateway facilitates a multichannel card transaction process with access to a range of payment providers, as well as enhanced security measures and comprehensive risk and fraud management, through single API gateway integration. All transactions are supported by 3Ds.
eWallets are efficient alternative payment methods that empower payments and well recognized by the clients of your company in specific regions. Today, it's taken for granted that the ability to provide local eWallets on the eCommerce website payment page increase an overall purchase rate by up to 7%.
We will provide all new merchants with 0$ integration fee to get all payment methods in one simple API integration.
setup fee
+
boarding fee
Merchants receive cross-border card processing and APM solutions in the one single integration within the most secure PCI DSS gateway platform that enables international eCommerce businesses to handle online payments in every region of the globe from one point.
The Paythrone API is organized around REST. Our API has predictable resource-oriented URLs, accepts form-encoded request bodies, returns JSON-encoded responses, and uses standard HTTP response codes, authentication, and verbs.
A merchant is a company that sells services or goods online or in-store.
A merchant account is a type of bank account that allows a merchant to accept online payments. In other words, a merchant account makes it possible for the merchant’s clients to pay for goods or services online with a credit card, debit card or using any other form of electronic payment.
A merchant can apply for a merchant account directly with an acquiring bank or receive one with the help of a payment service provider.
An acquiring bank or acquirer is a bank or financial institution that accepts credit or debit card transactions for a merchant.
A payment service provider (PSP) is a company that helps merchants receive merchant accounts and accept payments online. To put it simply, a payment service provider is a link between acquiring banks and merchants. Payment service providers offer processing in different currencies and for different countries.
A payment service provider charges fees for their services. These fees may vary from provider to provider. There are usually fees for pay-in transactions (a set percentage and a per-transaction fee), payouts, chargebacks, refunds, settlement, setup fees, monthly fees, etc.
We will provide all new merchants with 0$ integration fee to get all payment methods in one simple API integration.
setup fee
+
boarding fee