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Finance

Naver Pay to support payment fees for small merchants using Npay Connect

Naver Pay will support on-site payment fees for micro and small merchants using its offline integrated terminal, Npay Connect. The company said it will refund fees for Npay Money and Points payments generated at eligible merchants rated micro or small under National Tax Service standards from Aug. 3 to Dec. 31. Merchants do not need to apply. Refunds will be calculated monthly and paid on the 15th of the following month to BC Card settlement accounts.

Finance

Naver Pay, Kakao Pay begin applications for second-round high oil price relief funds

Naver Pay and Kakao Pay have started accepting applications for the second round of high oil price relief funds. The programme targets 70 percent of the population and runs from May 18 to July 3. Naver Pay linked the process to Naver Search and maps and allows benefits to be received as Npay points, money or a prepaid money card. Kakao Pay enables applications via KakaoTalk and supports multiple payment methods. Both are running applicant events.

Games & Commerce

Naver, Nexon step up ecosystem alliance with login linking and Chzzk streamer support

Naver will begin linking accounts with Nexon as the two companies move to broaden cooperation across payments, personalised content recommendations and game broadcasting support. Naver said it will start converting Nexon users to \"Naver login members\" under a strategic business agreement, enabling Naver login and Npay payments. The companies will also run an \"N Connect\" project on streaming platform Chzzk to support Nexon IP-based broadcasts, with a pre-season running through Sept. 22.