PPRO Extends Payments Infrastructure to South Korea via Integration With Toss Pay

UK-based PPRO, a digital payments infrastructure provider, has extended into South Korea by integrating local South Korean cards and financial services platform Toss Pay.

Toss Pay boasts a user count of 24 million as of February 2023. With its mobile app, Toss Pay offers e-wallet services through which customers can make payments via cards or linked accounts.

This integration "opens up a gateway" for PPRO's global partners, payment service providers and merchants to reach South Korean consumers, PPRO says.

"The integration of local cards and Toss Pay into PPRO’s infrastructure comes at the request of some of our largest customers and their tier-one merchants that are struggling with poor conversion rates while relying on traditional global rails," says Tristan Chiappini, vice president and head of partnerships for Asia Pacific (APAC) at PPRO.

Chiappini adds that PPRO's infrastructure allows for "instant access" upon the launch of new local digital payments, markets, and other orchestrated services.

"This frees up our partners’ roadmaps and instantaneously expands their reach into the South Korean market with consumers who are eager to shop cross-border."

(Source: Fintech Futures)