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Crypto

Danal to pursue stablecoin payments with VASP INX

Danal will work with virtual asset service provider Infinity Exchange Korea (INX) to build digital asset-based payment and settlement infrastructure including stablecoins. The companies signed an MOU to link Danal’s payment gateway and prepaid electronic payment infrastructure with INX’s VASP infrastructure and digital asset API solutions. They plan to roll out stablecoin payments for merchants, payments and remittances for visitors and students, and T+0 real-time settlement, while applying AML-related controls.

Finance

Danal says first-half WeChat Pay offline QR payment volume rises 62.7 percent to record high

Danal said its WeChat Pay offline QR payment transaction volume in the first half rose 62.7 percent from a year earlier, a record high, as Chinese tourist arrivals and convenience store use increased. It is expanding WeChat Pay acceptance from convenience stores and franchises to unmanned arcade stores and plans to broaden payment locations. Danal is also expanding a prepaid card business for foreign tourists and tuition payment services.

Crypto

Danal to pursue JPYC payment cooperation with Line Next in Japan

Danal is working with Line Next to expand domestic real-world payments using JPYC, a digital asset linked to the Japanese yen. The company plans to build payment infrastructure connecting overseas digital wallets with South Korea’s consumer market and to broaden a global digital-asset payment ecosystem. Danal said it signed a strategic agreement with Line Next at LY Corp’s new Akasaka headquarters in Japan and aims to extend JPYC payment services across major Asian regions.