Alipay, China's leading third-party online payment solutionAlipay, China's leading third-party online payment solution

KakaoPay

The KakaoPay wallet was founded in 2014 by Kakao Group which is a leading mobile Internet company in South Korea. Kakao Group is the first company to provide mobile payment and is the most popular mobile payment and digital wallet in South Korea.

KakaoPay allows users to make mobile payments or online transactions. It provides services such as online shopping, bill payment, insurance, loans, and investment. Those services support near field communication and QR code scanning to make non-contact payment.