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SERVICES

Payment Methods

From credit cards and bank transfers to mobile and digital payments, Paystory empowers businesses with flexible payment options designed to enhance customer convenience and drive business growth.

CREDIT CARD

CreditCard

A service that allows customers to pay for products and services using credit cards, supporting both domestic and international payments.

Introduction of Merchant

CategorySponsored MerchantDirect Merchant
Global Payment Service Card approval, acquiring, and settlements are processed using Paystory's merchant number. Merchants need to directly contract with the card company to receive settlement funds. Paystory handles payment process & acquiring on behalf of merchants.
Fee Fees only contracted with Paystory is charged. Fees directly contracted between the merchant and card companies. The transaction fee is charged to the merchant under a separate contract with Paystory.
Features All card issuer approvals, acquiring, and settlements are fully processed through Paystory. Transaction and settlement details can be viewed on the Merchant Admin Site provided by Paystory. Merchants must work directly with the card companies regarding service agreements, reconciliation, and chargeback resolution.

Service Flow

8 7 6 5 4 Card Company 3 2 Merchant 1 Customer
Credit Card Payment Process

8-Step Transaction Flow

1
Customer Payment Approval Request
2
Merchant Payment Approval Request
3
Paystory Forward Approval Request
4
Card Company Approval Response
5
Paystory Approval Response
6
Merchant Service Provision
7
Card Company Settlement
8
Merchant Settlement Completed

Card Authentication Methods by Company

Card Company Authentication
Method
Notes
BC Card / KB Kookmin Card / Woori Card / KDB Industrial Card / Suhyup Card / Shinhan Card, etc. ISP Accredited digital certificate is required for payments of 300,000 KRW or more.
Samsung Card / Shinhan Card / Hyundai Card / Lotte Card / Hana Card / NH Nonghyup Card / Citi Card, etc. AnsimClick
BACK TRANSFER

Bank Transfer

A service where customers pay for products and services through real-time bank account transfers, securely processed through intermediary institutions (such as KFTC).

Service Usage Guide

BanksSecurities Companies
IBK Bank / Shinhan Bank / Woori Bank / Hana Bank / Kyongnam Bank Yuanta Securities/Meritz Securities/Mirae Asset Daewoo/Samsung Securities/ Korea Investment/NH Investment/Hi Investment/Hyundai Motor Securities/ SK Securities/Daishin Securities/Hanwha Investment/Hana Financial Investment/ Shinhan Financial Investment/DB Financial Investment/Eugene Investment/ Meritz Comprehensive Financial/Shinyoung Securities

Service Flow

11 10 9 8 7 6 5 Bank 4 KFTC 3 2 Merchant 1 Customer
Credit Card Payment Process

8-Step Transaction Flow

1
Customer Payment Request
2
Merchant Payment Request
3
Paystory Payment Request
4
Withdrawal/Transfer Request
5
Bank Response
6
Relay Agency Response to Paystory
7
Paystory Response to Merchant
8
Service Provision
9
Bank Settlement
10
Relay Agency Settlement
11
Merchant Settlement
VIRTURL ACCOUNT

Virtual Account

This service issues customers a virtual account number at the time of checkout of products, services, or other purchases, which they use to deposit the payment amount.

Service Usage Guide

CategoryDetails
Supported Banks This service issues customers a virtual account number at the time of checkout of products, services, or other purchases, which they use to deposit the payment amount.
Features • Customers can make payment even without a credit card or a bank account.
• Immediate processing available after deposit (depositor verification, mismatch prevention, overpayment protection, etc.)

Service Flow

결제 대금 정산 10 결제 대금 정산 9 서비스(상품)제공 8 입금결과 통보 7 입금결과 통보 6 은행 금액 입금 5 가상계좌번호 안내 4 가상계좌번호 발급 3 결제요청(가상계좌번호요청) 2 가맹점 결제요청 1 고객
MOBILE PAYMENT

Mobile Payment

This service allows customers to pay for products, services, and more via carrier billing. The payment amount is added to the customer's monthly mobile phone bill.

Service Usage Guide

CategoryDetails
Features • Make payments anytime, anywhere with just your mobile phone (available for carrier billing subscribers)
• Payment limits are determined by your mobile carrier and cannot exceed those limits.
• Settlement can only be processed once the customer's mobile carrier bill has been paid.

Service Flow

결제 대금 정산 12 결제 대금 정산 11 결제 대금 정산 10 통신비(이용요금)납부 9 서비스(상품) 제공 8 인증 및 결제 결과 회신 7 인증 및 결제 결과 회신 6 인증 및 결제 결과 회신 인증 및 결제 결과 회신 5 이동통신사 인증 및 결제요청 4 중계기관 다날, 모빌, 갤컴등 결제요청 3 결제요청 2 가맹점 결제요청 1 고객

Card Authentication Methods by Company

Card Company Authentication
Method
Notes
BC Card / KB Kookmin Card / Woori Card / KDB Industrial Card / Suhyup Card / Shinhan Card, etc. ISP Accredited digital certificate is required for payments of 300,000 KRW or more.
Samsung Card / Shinhan Card / Hyundai Card / Lotte Card / Hana Card / NH Nonghyup Card / Citi Card, etc. AnsimClick
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