Daum Kakao’s mobile payment service Kakao Pay revealed an infographic on its performance to celebrate its first-year anniversary on September 15.
As of early September, Kakao Pay passed the 5-million mark in the number of subscribers, with the number of its affiliated stores reaching about 270.
The infographic highlighted the fact that the share of those who registered their cards among the 5 million subscribers stood at 99 percent, with the number of payments made through Kakao Pay estimated at 10 million. The maximum amount of one-time payment made through Kakao Pay was 7,571,000 won.
A Daum Kakao official said, “The figure of 5-million subscribers is equivalent to about 20 percent of Korea’s total credit card holders.”
He added, “In addition, Kakao Pay debit cards achieved outstanding results in the number of issues, dwarfing the performance of other debit cards. It has become a popular means of payment in just three months after launch.”
