Toss Payments is teaming up with global payment technology company Visa to strengthen its competitiveness in the domestic and international payment markets.
On September 8, Toss Payments announced that it has signed a strategic memorandum of understanding (MOU) with Visa to collaborate across various payment sectors.
The two companies plan to build a close partnership based on their respective payment technologies and networks, aiming to expand cooperation in the payment market both domestically and internationally.
In particular, they will focus on enhancing payment security to create a safe and convenient payment environment, and will gradually implement joint efforts to advance payment services.
Toss Payments intends to combine its accumulated payment technology and operational experience in South Korea with Visa's global payment network to improve payment convenience for merchants and users. Visa also plans to expand its partnerships in the domestic payment market as a result of this agreement.
Kim Gyu-ha, Vice President of Toss, stated, "Through this agreement with Visa, we aim to solidify a close partnership and create business synergies in various fields. We will strive to provide a safer and better payment experience for our customers and merchants."
On September 8, Toss Payments announced that it has signed a strategic memorandum of understanding (MOU) with Visa to collaborate across various payment sectors.
The two companies plan to build a close partnership based on their respective payment technologies and networks, aiming to expand cooperation in the payment market both domestically and internationally.
In particular, they will focus on enhancing payment security to create a safe and convenient payment environment, and will gradually implement joint efforts to advance payment services.
Toss Payments intends to combine its accumulated payment technology and operational experience in South Korea with Visa's global payment network to improve payment convenience for merchants and users. Visa also plans to expand its partnerships in the domestic payment market as a result of this agreement.
Kim Gyu-ha, Vice President of Toss, stated, "Through this agreement with Visa, we aim to solidify a close partnership and create business synergies in various fields. We will strive to provide a safer and better payment experience for our customers and merchants."
* This article has been translated by AI.
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