Naver to launch mobile payments service in South Korea

Mobile Payments adoption by women

New mobile payments service will be launching in South Korea this year Naver, the leading web portal operator in South Korea, has plans to launch its own mobile payments service in June of this year. The company has seen a great deal of promise in the mobile space, with this perspective coming from its subsidiary Line, a leading messaging service based in Japan. Naver notes that 30% of keyword searchers have to do with shopping, and many of these searches are coming from mobile devices. Naver Pay will allow consumers…

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