Qitero Qitero

NAVER Pay

Country: South Korea (KR)  |  Payment Rail: e_wallet

DigitalWallet Market Adoption: 85%

NAVER Pay is Naver Financial's digital wallet in South Korea, offering Naver Points rewards, search shopping checkout, and recurring billing.

🔄 User Payment Flow

  1. Customer selects NAVER Pay at merchant checkout
  2. Checkout opens NAVER app or displays NAVER Pay login page
  3. Customer verifies transaction total and approves via 6-digit NAVER Pay password or biometric auth
  4. NAVER Pay clears balance / card payment and redirects customer back to merchant

⚙️ Characteristics & Settlement

Instant PaymentYES
Supports QRYES
Supports RecurringYES
Supports RefundYES

🛠️ Merchant Integration Steps

  • Merchant API calls acquiring gateway to request NAVER Pay session
  • PSP issues payment token and NAVER Pay redirect URL
  • PSP receives NAVER Pay clearing callback and updates merchant order status