Search results for Paychain
Finance
Danal posts 174.6 billion won in nine-month sales, expands stablecoin payment business
Danal reported consolidated sales of 174.6 billion won for the first nine months of this year and operating profit of 3.1 billion won, it said in a filing on Thursday. The company said expanding online and offline payments and higher transaction volumes in commerce and culture and leisure contributed to results. It said it has completed a proof of concept and platform build for a bank-linked stablecoin payment and merchant settlement service and plans to expand services as domestic rules are established.
Finance
Danal posts 115.4 billion won first-half revenue, eyes global payments and stablecoin expansion
Danal said in a filing on Thursday it posted first-half revenue of 115.4 billion won and operating profit of 3.0 billion won on a consolidated basis. On a separate basis, it reported revenue of 92.8 billion won and operating profit of 6.9 billion won. The company expanded its payments business, increased transactions in retail, culture and leisure, and continued investment in new businesses including stablecoins and a foreigner payment platform.
Crypto
Danal\'s PayProtocol starts open beta of on-chain finance infrastructure PayChain
PayProtocol, Danal\'s virtual asset payment company, will begin a corporate open beta of PayChain, an on-chain financial infrastructure aimed at expanding the Paycoin (PCI) ecosystem. The company said the open beta will run from Aug. 10 to Nov. 30, with companies recruited on a rolling basis. PayChain records payment-to-settlement processes as digital settlement slips, while limiting on-chain data to information needed for verification.