Finance
NHN KCP to handle Mercedes-Benz payment infrastructure
NHN KCP said on Wednesday it has signed a strategic partnership with Mercedes pay, a fintech unit of Mercedes-Benz, and will take charge of payment infrastructure for vehicle sales at Mercedes-Benz Korea. Under the cooperation, NHN KCP will handle the full payment process for Mercedes-Benz Korea’s new sales model, Retail of the Future, to be introduced in April. The system links payments from reservations to final balances and supports simplified payments, virtual accounts and cards.