Naver Pay Expands Services Across Southeast Asia, Adds Eight Countries

Naver Pay is expanding its reach further in Southeast Asia. The mobile payment service unit of South Korea’s Naver Corporation recently launched its services in eight more countries in this region, including Singapore, Taiwan, Philippines, Malaysia, Vietnam, Hong Kong, Macau, and Thailand.

Naver Pay will offer on-site payment services, and as per The Korea Economic Daily, the company already started offering the same services in Japan and China in September. As these were also introduced in more markets, Naver Pay has a presence in 10 Asian territories now.

How to Use Naver Pay Overseas

People who want to use Naver’s mobile payment in the mentioned countries may choose on-site QR payments in stores affiliated with Union Pay. In China, shoppers can pay for purchases via Naver Pay in merchants affiliated with AliPay Plus.

One of the perks of using Naver Pay is that there will be point benefits for on-site payments. Before being offered for overseas payments, the benefit was only available domestically.

Yonhap News Agency reported that Naver plans to debut in other markets outside South Korea. For this expansion, it will team up with Union Pay and BC Card Co.

Points Draw Event

Aside from the on-site payment point benefits, users may also gain “point draw” when using Naver Pay. This is said to be granted once to users and distributed by default, as per Seoul Daily. Additional draw will be offered when customers pay with UnionPay until the end of this year.

Moreover, those who have a Naver Plus membership or Naver Pay Money Hana account can earn two to four times the points that regular users earn, and this will also be applicable even for overseas purchases.

Then again, the “point draw” event will only run until December, and those who earn points can have KRW2,000 refunded for the first payment they make worth KRW2,000 and up.

Photo by: Naver Press Room