Naver Pay to Provide Fee Support for Online and Offline Small Merchants During Summer Vacation Season
Fee Support from July 27 to August 2
Total Reimbursed Fees to be Paid in September
Naver Pay (Npay) announced on July 22 that it will provide fee support to small merchants during the peak summer vacation season as payment volumes increase.
From July 27 to August 2, Naver Pay will subsidize transaction fees for small merchants using its online and offline payment services, as well as Naver's reservation and ordering services.
Naver Pay’s online and on-site partners, as well as reservation and ordering merchants that qualify as "small sellers" under the National Tax Service grading criteria, are eligible for fee support automatically, without separate application.
For online and reservation or ordering merchants, all payment methods are eligible. For on-site payments, fee support covers Naver Pay Money and Points payments. The total amount of transaction fees incurred during the support period will be reimbursed in September.
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This is the third time that Naver Pay has operated a fee support program for small business owners. Previously, Naver Pay subsidized on-site payment fees for small and medium merchants during the Lunar New Year holiday in February, and provided fee support for small merchants during Family Month in May.
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