Naver Pay to Support Payment Fees for Small Business Owners Using ‘Connect’ Terminals

Support for Onsite Money and Point Payment Fees
for Small Business Owners Using Npay Connect

Naver Pay is strengthening its win-win cooperation by supporting payment fees for small business owners using its integrated offline terminal, ‘Npay Connect’.

On July 29, Naver Pay announced that, from August 3 to December 31 of this year, it will refund the onsite payment fees for Npay Money and points incurred at Npay Connect merchants designated as micro and small businesses under the standards of the National Tax Service.

The initiative is intended to help small business owners establish a digital payment environment and enhance the competitiveness of their stores through Npay Connect, while also alleviating the financial burden of payment processing fees and similar expenses.

Eligible merchants can receive refunds for onsite Npay Money and point transaction fees processed during the support period through QR, Samsung Pay, and the facial recognition payment service ‘Facesign’, without any separate application process. Refund amounts will be calculated monthly and paid into each merchant’s BC Card settlement account on the 15th of the following month.

An Npay official stated, “We will continue to implement various win-win programs so that small business owners can enhance their store competitiveness and truly experience the benefits of business growth through Npay Connect.”

This content was produced with the assistance of AI translation services.