About
PAYCO is a South Korean simple-payment service launched in August 2015 and run by NHN PAYCO Corp., a subsidiary of internet group NHN. Users register credit or debit cards and bank accounts in the PAYCO app once, then pay at online checkouts with a payment password, or in stores by QR code or barcode, and collect PAYCO points that spend like cash. It stands apart through its B2B line: employers load meal vouchers and welfare points onto staff PAYCO accounts. In 2025 that corporate welfare business processed KRW 290 billion for about 2,400 companies and more than 400,000 employees, accepted at about 70,000 meal-voucher merchants.
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