Naver, Kakao, Toss, and Banksalad Unveil Offline Terminals and AI Services at Korea Fintech Week 2025 (Comprehensive)

Demonstration of Cutting-Edge Technologies at Korea Fintech Week
Naver and Toss Unveil Offline Terminals
Financial Services Commission Chairman Lee Okwon Experiences Both Companies' Devices

Major fintech companies such as Naver, Kakao, Toss, and Banksalad showcased offline payment terminals and artificial intelligence (AI) services at Korea's largest expo, "Korea Fintech Week 2025." In particular, Naver Pay's offline terminal "Npay Connect," unveiled to compete with Toss, drew significant attention from key figures including Lee Okwon, Chairman of the Financial Services Commission, as well as from visitors.

Lee Okwon, Chairman of the Financial Services Commission (right), is experiencing the offline integrated terminal 'Npay Connect' with Park Sangjin, CEO of Naver Pay, at the Naver Pay booth during 'Korea Fintech Week 2025' held on the 26th at aT Center in Yangjae, Seocho-gu, Seoul. Naver Pay

According to the Financial Services Commission and the fintech industry on November 26, leading fintech companies demonstrated their latest products and AI technologies at "Korea Fintech Week 2025," held over three days at the aT Center in Yangjae, Seocho-gu, Seoul. Korea Fintech Week is the nation’s largest annual global fintech expo, hosted by the Financial Services Commission and attended by top fintech companies.

The event was attended by Chairman Lee, Kwon Daeyoung, Vice Chairman of the Financial Services Commission, Yoon Hanhong, Chairman of the National Assembly’s Political Affairs Committee, Lee Kangil, Committee Member, Sopnendu Mohanty, CEO of GFTN, and Kiran Kumar Kesavarapu, Director of Industry Solutions and Architecture for Asia-Pacific at Google Cloud, among others.

First, Naver Pay attracted visitors’ attention by unveiling its offline payment terminal, Connect. Connect is considered a dark horse product designed to catch up with terminals like Toss FacePay, which entered the market three years earlier and established a leading position.

Chairman Lee visited the Naver Pay booth with CEO Park Sangjin to experience the features of Connect. A key feature of Connect is that it enables users to immediately access functions such as writing reviews and downloading coupons-previously only available online-at offline stores. Chairman Lee personally activated the terminal to experience these features.

Naver Pay plans to provide customer relationship management (CRM) features based on Connect usage data next year. Through its integrated business management platform "Npaybiz," Naver aims to offer growth index reports that include visitor trends and local commercial district insights for store owners.

Eokwon Lee, Chairman of the Financial Services Commission (right), is listening to Seunggun Lee, CEO of Viva Republica, explaining the Toss terminal and FacePay service at the Toss booth during "Korea Fintech Week 2025" held at the aT Center in Yangjae, Seocho-gu, Seoul on the 26th. Toss

Toss also responded proactively. It set up a booth with a Toss Caf? concept, featuring its FacePay and other key terminals. Chairman Lee, guided by Seunggun Lee, CEO of Viva Republica (the operator of Toss), experienced the Toss FacePay terminal.

In addition to FacePay, Toss introduced offline easy payment technologies such as payment terminals and point-of-sale (POS) devices, as well as six new AI and data-driven services scheduled for launch.

Kakao Pay introduced its generative AI service brand "Payi" and its "Overseas Travel One-Stop Service." In the Payi Zone, it demonstrated services such as "Managing My Health with AI" and "Finding My Personalized Benefits with AI," which tailor insurance, payment, and card benefits to individual users, drawing significant attention.

Banksalad showcased its financial AI agent. Chairman Lee, guided by CEO Kim Taehun, observed the service. Banksalad demonstrated a variety of service scenarios implemented through "Topping+," with its AI agent operating in areas such as insurance, spending, and small business support.

Chairman Lee stated, "The government is making an all-out effort under the national vision of becoming one of the world's top three AI powerhouses," and added, "We will not stop at simply adding AI technology to fintech, but will boldly pursue digital financial innovation so that finance can reflect the preferences of all people."

He announced plans to promote large-scale investments and the development of financial AI infrastructure to enable finance to lead the AI transformation. He also shared a broad plan to create an investment environment and revise related systems to ensure funding for fintech companies, thereby laying the foundation for the emergence of new financial services.

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