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Payup

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Mobile payment service streamlining transactions for South Korean users.

Overview

Payup operates in the fintech sector, focusing on the provision of POS payment hardware and terminals that support various payment methods, including magnetic stripe, EMV chip, and NFC-enabled contactless transactions. The company offers mobile payment services via its Payup app, which enables users to make payments using Apple Pay, and the insio app for managing payment records. Targeting both individuals and businesses in South Korea, Payup aims to provide convenient and efficient payment solutions. The company incorporates features such as loyalty program management and detailed sales reporting to enhance the retail checkout experience. Additionally, Payup employs encryption and tokenization technologies to ensure secure transaction processing. The Payup API facilitates seamless payment processing, contributing to the modernization of in-store payment infrastructures.

Key facts

Founded
2016
Headquarters
Seoul, South Korea
Sector
Payments

Business model

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About Payup

What does Payup do?

Payup operates in the fintech sector, focusing on the provision of POS payment hardware and terminals that support various payment methods, including magnetic stripe, EMV chip, and NFC-enabled contactless transactions.

Where is Payup headquartered?

Payup is headquartered in Seoul, South Korea.

When was Payup founded?

Payup was founded in 2016.

Which sector is Payup in?

Payup operates in Payments, part of Financial Technology.

Who are Payup's competitors?

Companies similar to Payup include Paylani, viüMi, and Feenicia.