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KakaoPay
Kakao Pay () is a mobile payment and digital wallet service by Kakao based in South Korea that allows users make mobile payments and online transactions. The service supports contactless payments using near-field communications and QR codes. Kakao Pay is incorporated into KakaoTalk, the mobile instant messenger from Kakao. Service The payment service first launched on September 4, 2014 with integration with their messaging app, KakaoTalk, allowing people to request and send money to people in their contacts. Since its launch, Kakao has expanded into other financial services by launching their own online bank called KakaoBank and releasing their own debit card. In April 2017, KakaoPay Co., Ltd. was established to run the payment services operated by the company. KakaoPay crossed the 10 million user mark after 20 months since its launch. More features have been added to the service like the ability to send remittances, send invoices, and complete online transactions on mobile. W ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kakao
Kakao Corporation () is a South Korean internet conglomerate headquartered in Jeju City. It was formed through the merger of Daum Communications and the original Kakao Inc. in 2010. The company was renamed Daum Kakao in 2014. In 2015, it was rebranded once more, reverting simply to Kakao. The KakaoTalk messaging app dominates in South Korea, and after launching in March 2010, the service gained around 90% of domestic market share in 2015. In January 2016, Kakao acquired a 76.4% stake in LOEN Entertainment, a large South Korean entertainment company, for $1.5 billion; it was later rebranded to Kakao M. The company has gained further prominence through KakaoTalk, a free mobile instant messaging application for smartphones, with text and call features. History 2006–2014: Founding of Kakao Corp. Kakao Corp is the company behind KakaoTalk, which serves as its main platform and flagship application. It was founded in 2006 by Kim Bum-soo, the former CEO of NHN Corporation (th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ant Financial
Ant Group ( zh, s=蚂蚁集团, p=Mǎyǐ jítuán, t=), formerly known as Ant Financial, is an affiliate company of the Chinese conglomerate Alibaba Group. The group owns the world's largest mobile (digital) payment platform Alipay, which serves over 1.3 billion users and 80 million merchants, with total payment volume (TPV) reaching in June 2020. As of 2024, it is the sixth largest fintech company in the world. In March 2019, ''The Wall Street Journal'' reported that Ant's flagship Tianhong Yu'e Bao money-market fund was the largest in the world, with over 588 million users, or more than a third of China's population, contributing cash to it. In October 2020, Ant Group was set to raise US$34.5 billion in the world's largest IPO at the time, valuing the company at US$313 billion. On the eve of the IPO, China stopped the process from moving forward. It was reported that the Chinese Communist Party leader Xi Jinping personally scuttled the Ant IPO. On 12 April 2021, ''The Wall St ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alipay
Alipay () is a third-party mobile and online payment platform, established in Hangzhou, China in February 2004 by Alibaba Group and its founder Jack Ma. In 2015, Alipay moved its headquarters to Pudong, Shanghai, although its parent company Ant Financial remains Hangzhou-based. Alipay overtook PayPal as the world's largest mobile (digital) payment platform in 2013. As of June 2020, Alipay serves over 1.3 billion users and 80 million merchants. According to the statistics of the fourth quarter of 2018, Alipay has a 55.32% share of the third-party payment market in mainland China, and it continues to grow. Along with WeChat, Alipay has been described to be China's super-app with a wide range of functionalities including ridesharing, travel booking and medical appointments. History The service was first launched in 2003, by Taobao. The People's Bank of China, China's central bank, issued licensing regulations in June 2010 for third-party payment providers. It also issued ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alibaba Group
Alibaba Group Holding Limited, branded as Alibaba (), is a Chinese Multinational corporation, multinational technology company specializing in E-commerce in China, e-commerce, retail, Internet, and technology. Founded on 28 June 1999 in Hangzhou, Zhejiang, the company provides consumer-to-consumer (C2C), business-to-consumer (B2C), and business-to-business (B2B) sales services via Chinese and global marketplaces, as well as local consumer, digital media and entertainment, logistics, and cloud computing services. It owns and operates a diverse portfolio of companies around the world in numerous business sectors. On 19 September 2014, Alibaba's American initial public offering (IPO) on the New York Stock Exchange raised US$25 billion, giving the company a market value of US$231 billion and, by far, then the largest IPO in world history. It is one of the top 10 most valuable corporations, and is named the 31st-largest public company in the world on the Forbes Global 2000, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Korea Herald
''The Korea Herald'' () is a South Korean English-language daily newspaper founded in August 1953 and published in Seoul. The editorial staff is composed of Korean and international writers and editors, with additional news coverage drawn from international news agencies such as the Associated Press. ''The Korea Herald'' is operated by Herald Corporation. Herald Corporation also publishes ''The Herald Business'', a Korean-language business daily, ''The Junior Herald'', an English weekly for teens, ''The Campus Herald'', a Korean-language weekly for university students. Herald Media is also active in the country's booming English as a foreign language sector, operating a chain of hagwon as well as an English village. ''The Korea Herald'' is a member of the Asia News Network. History ''The Korean Republic'' ''The Korea Herald'' was first published on August 13, 1953, as ''The Korean Republic''. It was a four-page, tabloid-sized, English-language daily. In 1958, ''The Korean ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Debit Card
A debit card, also known as a check card or bank card, is a payment card that can be used in place of cash to make purchases. The card usually consists of the bank's name, a card number, the cardholder's name, and an expiration date, on either the front or the back. Many new cards now have a chip on them, which allows people to use their card by touch (contactless), or by inserting the card and keying in a PIN as with swiping the magnetic stripe. Debit cards are similar to a credit card, but the money for the purchase must be in the cardholder's bank account at the time of the purchase and is immediately transferred directly from that account to the merchant's account to pay for the purchase. Some debit cards carry a Stored-value card, stored value with which a payment is made (prepaid cards), but most relay a message to the cardholder's bank to withdraw funds from the cardholder's designated bank account. In some cases, the payment card number is assigned exclusively for use on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
KakaoBank
KakaoBank Corp. (stylized as Kakaobank; ) is a South Korean financial institution specializing in mobile banking services and financial technology. It was founded in 2016 through a collaboration between Korea Investment Holdings and Kakao Corp. History The banking service initiated its public offering in July 2017, garnering considerable attention by acquiring over 240,000 customers within its inaugural 24-hour period. As of July 10, the bank reported deposits totaling 17.6 trillion won ($14.5 billion) and loans amounting to 11.3 trillion won ($9.3 billion). As of July 11, 2019, Kakaobank boasted a customer base exceeding 10 million individuals. As of March 31, 2021, Kakaobank reported a customer count surpassing 14.2 million. In 2021, KakaoBank exclusively signed a contract with HSBC to further expand into Europe. As of 2021, KakaoBank now controls HSBC's online banking. Valuation In October 2020, Kakaobank achieved a corporate valuation of approximately KRW 8.6 trillion, f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Near-field Communications
Near field may refer to: * Near-field (mathematics), an algebraic structure * Near-field region, part of an electromagnetic field * Near field (electromagnetism) ** Magnetoquasistatic field, the magnetic component of the electromagnetic near field ** Near-field communication (NFC) using the magnetic component of the electromagnetic near field (magnetoquasistatic field) See also * Near-field magnetic induction communication, a technique for deliberately limited-range communication between devices ** Near-field communication Near-field communication (NFC) is a set of communication protocols that enables communication between two electronic devices over a distance of or less. NFC offers a low-speed connection through a simple setup that can be used for the boots ... (NFC), a set of application protocols based on this * Near-field optics * Near-field scanning optical microscope {{disambiguation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Android (operating System)
Android is an operating system based on a modified version of the Linux kernel and other open-source software, open-source software, designed primarily for touchscreen-based mobile devices such as smartphones and tablet computer, tablets. Android has historically been developed by a consortium of developers known as the Open Handset Alliance, but its most widely used version is primarily developed by Google. First released in 2008, Android is the world's Usage share of operating systems, most widely used operating system; the latest version, released on June 10, 2025, is Android 16. At its core, the operating system is known as the Android Open Source Project (AOSP) and is free and open-source software (FOSS) primarily licensed under the Apache License. However, most devices run the proprietary software, proprietary Android version developed by Google, which ships with additional proprietary closed-source software pre-installed, most notably Google Mobile Services (GMS), which ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Contactless Payments
Contactless payment systems are credit cards and debit cards, key fobs, smart cards, or other devices, including smartphones and other mobile devices, that use radio-frequency identification (RFID) or near-field communication (NFC) for making secure payments. The embedded integrated circuit chip and antenna enable consumers to wave their card, fob, or handheld device over a Credit card terminal, reader at the point-of-sale terminal. Contactless payments are made in close physical proximity, unlike other types of mobile payments which use broad-area cellular or Wi-Fi networks and do not involve close physical proximity. EMV (abbreviation for Europay International, Europay, Mastercard, and Visa Inc., Visa) is a common standard used by major credit card and smartphone companies for use in general commerce. Contactless smart cards that function as stored-value cards are becoming popular for use as transit system Public transport#Electronic fare card, farecards, such as the Oyster car ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
