Toss Payments Signs Strategic Agreement with Visa to Advance Payment Services

Collaboration Across the Payment Sector
Advancing Security Services

Toss Payments announced on the 8th that it has signed a strategic business agreement with global payment technology company Visa. With this agreement, the two companies plan to broadly explore a variety of collaboration opportunities across the entire payments sector.

On the 7th, at Arc Place in Yeoksam-dong, Gangnam-gu, Seoul, Kim Kyuha, Vice President of Toss (left), and Kunal Chatterjee, CEO of Visa Korea, took a commemorative photo at the business agreement ceremony between Toss and Visa Korea. Toss Payments

The previous day, at the agreement ceremony held at Arcplace in Yeoksam-dong, Gangnam-gu, Seoul, key officials from both companies attended, including Kyuha Kim, Vice President of Toss, and Kunal Chatterjee, President of Visa Korea.

On this day, the two companies agreed to build a close partnership based on their respective expertise and networks and to strengthen their competitiveness together in both the domestic and global payments markets.

In particular, they plan to gradually pursue joint collaboration for the advancement of payment services, focusing on enhancing payment security and creating a safe and convenient payment environment.

Through this agreement, Toss Payments has established a foundation for cooperation with Visa, which operates a global payments network. By combining its accumulated domestic payment technology and operational experience with Visa’s global capabilities, the company expects to provide merchants and customers with an even better payment experience.

Visa sees this agreement as an opportunity to expand its partnerships in the Korean market. The two companies will continue to identify concrete areas of collaboration one by one and respond together to the rapidly changing payment environment.

Vice President Kim said, “With this agreement with Visa, we aim to establish a close partnership and create business synergies across various fields,” adding, “We will continue our efforts to provide a safer and better payment experience for customers and merchants in the future.”

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