payco_krw

A widely used digital wallet and payment service in South Korea, enabling fast and secure payments across online, mobile, and offline merchants.


How It Works

  • Users link their Korean bank accounts or cards to their Payco wallets.
  • Payments are authorized within the Payco app using PIN or biometric authentication.
  • Commonly used for seamless transactions across e-commerce platforms and partner merchants.

Payment Method type

Users can use the below payment method type to create a transaction using Payco in the available geography

  • South Korea: payco_krw

Functionality

FunctionalityYes/NoDescription
Refund Support
Full Refund
Partial Refund
Generally AvailableOnboarding approval required. Usual SLA is 1 week.
Dispute and Chargebacks

Limits and Expiration

The following is the upper and lower limits for Payco transactions:

  • Minimum Limit: USD 0.1
  • Maximum Limit: USD 1350

User Experience

Redirect Experience

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