According to Webinterpret report – GDP in South Korea is rising with a growth rate of 3%. Internet penetration reached 85% along with the smartphone penetration that is 72%.
So, it shows us that the way South Koreans are indulged in the E-commerce industry, it will be going to make them dominating in the southeast Asia eCommerce market for sure.
Top E-commerce players in South Korea are Gmarket, 11Street, and Auction. Online domestic purchase crossed $100 Billion in sales and cross-border crossed $3 Billion in sales.
Everyone wants to pay with the payment method which they feel the safest and secure. So it’s a business’s responsibility to give the ease of payment options to their customers in order to make them feel the best customer experience.
So, today we will discuss the best E-commerce payment gateways in South Korea available for freelancers, entrepreneurs, and businesses.
Remember to checkout MDR | Payout | Payment Methods before proceeding with any of the payment gateways.
Best E-commerce payment gateways in South Korea
South Korea is among the best places to start your E-commerce journey because of the resources that are available in this country.
For individuals and freelancers, PayPal is the best option to move with, and rest businesses & entrepreneurs can move with the above mentioned best E-commerce payment gateways in South Korea to run their E-commerce business successfully.