Korean Local CardsEarly access
Korean Local Cards is available for early access
Expect limited functionality as we continue development and build the product in partnership with early users. Reach out to your Airwallex account manager or [email protected] if you would like to use this feature. Learn more about early access.
Gain access to shoppers with Korean cards
Locally issued cards are well-known and trusted as a payment method in South Korea. The payment method provides a full redirect to our partner’s Hosted Payment Page, where shoppers can choose their issuing banks. Acquiring with all issuers in South Korea is possible.
Payment method properties
| Features | Korean Local Cards |
|---|---|
| Payment type | Cards |
| Available for businesses registered in | AU, SG, HK, EU, UK, US |
| Activation time for onboarding | 7-14 days |
| Shopper regions (typically used by payers from) | KR |
| Processing currencies | KRW |
| Settlement currencies | KRW Or in your default settlement currency if your account does not support the above settlement currency. |
| Settlement schedule | 8 business days |
| Minimum transaction amount | 100 KRW |
| Maximum transaction amount | Depending on shopper’s credit and issuer limits |
| Session timeout | 30 minutes |
| Recurring Payment | |
| Refunds | |
| Partial Refunds | |
| Disputes (chargebacks) | |
| Placing a hold (delayed/manual capture) | |
| Descriptor (what the payer will see in their transaction history) | Your registered business name |
| Payments for Platforms support |
Choose the integration method that best suits your needs
Airwallex has built a range of client-side integration methods that allow you to manage your UI, minimize your implementation effort, and allow you to get to market quickly.
| Online payments via your own website/app | Online payments via ecommerce plugins | Payment links & Invoice Integrations |
|---|---|---|
| Hosted Payment Page Drop-in Element Embedded Elements Mobile SDK Native API Subscription APIs | Shopify WooCommerce SHOPLINE Shoplazza Magento | Payment Links Xero Invoice |
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