Toss Pay
Toss is the largest mobile financial platform in Korea.
Toss has over 11 million registered users, which accounts for 20 percent of the country’s total population. It delivers a full range of consumer financial services, including online payments for both physical and digital goods.
Payment flow
- The customer inputs their phone number and the date of birth.
- The customer receives the push message with the notification.
- When the customer completes the payment a confirmation message will be displayed.
Toss Pay
| name | description |
|---|---|
| Countries | KR |
| Type | E-Wallets |
| Processing currencies | KRW |
| Supported currencies | Refer to currency codes |
| Payment confirmation time | Instant |
| Payout time frame | NET 30 |
| Chargebacks | No |
| Refunds | Yes |
| Partial refund | Yes |
| Onboarding required | Yes |
| Recurring Payments | No |
| Mobile UI | Yes |
| Opens new window | Yes |
| Min Transaction Limit | 0.3 USD or equivalent currencies |
Available models:
- Merchant.
Included with your Terminal3 Payments account.
- MOR.