Naver Pay and Kakao Pay Begin Second Round of High Oil Price Relief Fund Applications
Naver Pay and Kakao Pay announced on the 18th that they have launched the second round of applications for the High Oil Price Relief Fund.
Naver Pay stated that it will accept applications for the second round of the High Oil Price Relief Fund from today until July 3. During the first week of applications, from May 18 to May 22, a day-of-the-week system will be implemented based on the last digit of the applicant's birth year.
Applicants who were eligible for the first round—recipients of basic livelihood support, the lower-income class, and single-parent families—who did not apply during the first round can apply during the second round. However, those who have already applied for and received the fund during the first round cannot apply again in the second round.
When applying for the High Oil Price Relief Fund via Naver Pay, users can choose Naver Points or Money to pay using QR payment or Samsung Pay, or select the Naver Pay Money Card, a prepaid card, for payment. Naver Place, in collaboration with the Ministry of the Interior and Safety, provides information on businesses where the High Oil Price Relief Fund can be used.
Kakao Pay has streamlined the application process through KakaoTalk, eliminating the need for a separate app installation or issuance of a dedicated card. Users can search for the High Oil Price Relief Fund in the Kakao Pay menu within the KakaoTalk 'More' tab or click the dedicated banner on the main screen of the Kakao Pay app to apply.
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For mobile payments, the fund can be used at Kakao Pay-affiliated merchants, as well as at Samsung Pay and Zero Pay stores. To make a payment, users simply select the appropriate method—barcode, Samsung Pay, or QR scan—at the top of the payment screen according to the store’s system. In addition, by using the Kakao Pay Travelog Check Card, users can spend the relief fund at any card-affiliated merchant nationwide without restrictions.
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