Core Payment, Remittance, and Settlement Systems
Core systems for Korean payment gateway (PG) companies, from card payments and virtual accounts to overseas remittance, plus payment and settlement for more than 20 online stores.
Several Korean payment gateway (PG) companies asked us to build the core systems behind their services. We have also built payment, settlement, and operations features for more than 20 online stores, including health supplement retailers. Client names are confidential.
Payment systems leave no room for error: every transaction has to be recorded, reconciled, and traceable. The work also had to connect card terminals, identity verification and anti-money-laundering checks, financial data providers, and banks, each with its own interface and rules.
Depending on each project, we built credit card payment systems, an integrated platform for card payments, mobile payments, and virtual accounts, and an overseas remittance app. We also built a white-label mobile payment app that works with card terminals and a kiosk with built-in payment, and integrated KYC and AML systems. For online stores, we built one-time and subscription payments, settlement, refunds, and transaction monitoring, connected to domestic and international PGs, Shopify, and shipping services.
- Credit card payment systems
- Integrated card, mobile payment, and virtual account platform
- Overseas remittance app
- White-label mobile payment app connected to card terminals
- Kiosk with built-in payment
- KYC (identity verification) and AML (anti-money laundering) integration
- Direct integrations with Shinhan Bank, Woori Bank, Shinhyup, and Suhyup Bank
- Financial data and payment infrastructure through Coocon and Hyphen
- One-time and subscription payments for online stores
- Settlement, refunds, and transaction monitoring
- Domestic and international PG integrations
- Shopify and shipping service integrations
- Built the core systems behind several Korean PG companies' services
- Payment and settlement for more than 20 online stores
- KYC and AML checks built into payment and remittance flows
- Direct connections to banks and financial data providers
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