How to link Shop Pay and Shopify Payment for a Korean business owner?

How to link Shop Pay and Shopify Payment for a Korean business owner?

General_Lee
Shopify Partner
8 0 2

Hello,

 

I am currently running business in Korea but our company has a legal entity(Corp) in Singapore.

 

We would like to enable Shopify Payment and Shop Pay onto our store.

 

1. Is it possible to connect when the citizenship of business owner is Korean? 

 

2. How do I connect Shopify Payment and Shop Pay? as I do not see them on 'Payment' section at admin page.

 

3. Does Shopify allow funds to received to Payoneer bank accounts?

 

Thank you!

Replies 2 (2)

Blair
Shopify Staff
2067 273 255

Hi @General_Lee,

 

Thank you for reaching out to the Community! I'm happy to provide some assistance with Shopify Payments, to ensure this gets resolved. 

 

As you are currently running a business in Korea, you will want to connect with us directly to determine whether you'd be eligible for Shopify Payments. We don't have access to any account information through the Community, so our advisor team will need to gather a few more details in order to share what payment gateways are available to you.  

 

To contact us, you can:

 

  • Head over to our Support Page.
  • Log into your shop.
  • Select the topic 'Starting a store'.
  • Scroll to the bottom of the page to view all available support options.

 

To receive payouts with Shopify Payments however, you are required to have a full chequing bank account in Singapore. It must be in SGD currency and be eligible for recurring transfers from Shopify. To learn more about this, you can check out our Shopify Payments for Singapore document as it touches on this further. 

 

Please let me know if you have any other questions or concerns. 

Blair | Shopify 
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hegeb
Visitor
1 0 3

It is now available via Stripe with Easy.Pie for Shopify, if you have a Stripe US account you can accept wallets (Kakao Pay, Naver Pay, Samsung Pay, PayCo) and all local cards in South Korea in KRW without a local entity.

In KRW, it also supports credit debit cards like Visa Matercard etc., Apple Pay and Goole Pay.

Youtube Preview Video:
https://www.youtube.com/watch?v=z_ex93D0N3A