SK Pay Expands Offline Payment Functionality (Photo by 11st)

SK Pay Expands Offline Payment Functionality (Photo by 11st)

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[Asia Economy Reporter Jeon Jinyoung] 11st's simple payment service SK Pay announced on the 17th that it will significantly enhance customer convenience by expanding offline payment functions together with SK Telecom's T Membership.


SK Pay will expand both the applications (apps) and payment methods available for offline payments. In addition to the existing SK Pay app, offline payments via SK Pay can now be made through the T Membership app. By combining SK Pay payments with the discount and accumulation barcodes previously provided in the T Membership app, customers can now use a single barcode to receive T Membership discounts and points as well as make offline store payments all at once.


The offline payment methods provided by SK Pay will also be expanded from the existing mobile phone micropayments to include credit cards, account transfers, and SK Pay Money.


The merchants accepting payment via T Membership's payment barcode include about 5,000 stores of representative lifestyle-oriented merchants such as bakeries (Tous Les Jours, Paris Baguette) and family restaurants (VIPS). Starting from the 7th of next month, Dunkin and Baskin Robbins will be added, and convenience stores such as CU and 7-Eleven will be further expanded by the end of the year.



Im Jaecheol, head of payments at 11st, said, "Through close integration with SKT T Membership, one of the largest membership programs in Korea, we have greatly enhanced the convenience of simple payments for customers. Going forward, we will steadily expand partnerships with various lifestyle-oriented offline merchants considering customers' lifestyles to firmly establish SK Pay's leadership in simple payments."


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

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