Finance
Naver Pay signs deal with Jeonbuk Bank to support digital shift for local small merchants
Naver Pay said on Thursday it signed a strategic agreement with Jeonbuk Bank to improve the digital payment environment and boost the local economy in Jeonbuk Special Self-Governing Province, based on Npay Connect. The two sides plan to support small merchants’ transition to digital payment infrastructure and run joint marketing linked to JB Card. Npay Connect is an offline integrated terminal supporting multiple payment methods, including Facesign facial recognition payments.