Naver Pay: ”Overseas QR payments 7.7 times higher” Great effect of discounts at Japanese convenience stores = Korea

It has been revealed that the amount of overseas QR payments made by the Korean payment service Naver Pay increased by about 7.7 times over the past year.
This is the result of increasing the number of overseas affiliated stores based on active partnerships and encouraging consumers to use QR payments through various promotions.
Naver Pay has released a report titled "Overseas QR Payment 2020," which summarizes users' overseas QR payment usage over the past year.
On the 10th, Naver Pay released its "Year End Financial Report for 2014." Last year, in addition to the existing UnionPay and Alipay+, Naver Pay added GLN International and
It has also expanded its support for WeChat Pay, and has formed partnerships with the most global payment companies among South Korea's easy payment services.
The number of locations where Naver Pay is available has been expanded to 66, the highest number for a simple payment service in Korea. As a result, the amount of overseas QR payments made by Naver Pay last year increased by 7.7 times compared to the previous year.
The area was a popular destination for Korean tourists from Japan, China, Thailand, and other countries. In particular, Naver Pay's point accumulation benefits, which are continuously provided not only in Korea but also overseas, and the popularity of Naver Pay among users
It is also believed that various discounts and point accumulation promotions implemented by overseas affiliated stores contributed greatly to the increase in payment amounts.
Naver Pay has offered a total of 67 overseas QR payment promotions.
The most popular promotion was a 50% discount at Japanese convenience stores, and in July, when this promotion was implemented, the number of new users in Japan increased by about 12 times compared to the previous month.
The overseas affiliate with the highest total transaction amount was Bic Camera, a major Japanese electronics retailer, which offered a variety of benefits, including a 10% instant discount.
Many payments were made at participating stores that offer discounts through Naver Pay, such as Don Quijote in Shanghai, Starbucks in Shanghai, and 7-Eleven in Thailand.
It was found that the user who received the most discounts through the app received a cumulative total of 285,125 won (approximately 30,000 yen) in discount benefits over the course of the year.
Users can also take advantage of the "point lottery" and "point stamp" benefits offered when making Naver Pay QR payments.
The user who won the most points from overseas QR payments accumulated 196,940 won (approximately 20,000 yen) in total over the year, and also won points in the basic point lottery when making payments in the app.
Taking advantage of the added "draw again" bonus, the user who participated in the points lottery 829 times in one year was the highest number of times.
Lee Mi Yeon, Pay Infrastructure & Business Responsibility Leader, Naver Pay
"Naver Pay is the only Korean company that supports payments at the affiliated stores of China's three major payment companies, and has made efforts to provide a convenient and safe payment infrastructure overseas," he said.
"We plan to continue offering various promotions, focusing on overseas affiliated stores that are popular with users."