“Enhanced transaction safety.” PayGate provides Seyfert escrow for Soomgo.

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“Enhanced transaction safety.”  PayGate provides Seyfert escrow for Soomgo.

PayGate contributes to the trust between sellers and buyers.
No charge for service fee and discount event are now open to celebrate the launch of safe transaction service.


"Soomgo" owned by PayGate, a Fintech company, provides safe transaction service (Seyfert escrow). Soomgo is an open market platform service created from "Brave Mobile." Soomgo is an abbreviation of "secret expert" in Korean. It is a service that owns special technology and talent to match customers and sellers accordingly for those who has difficulty in advertising or PR.

PayGate announced on 11th about the launch of safe transaction service platform, Soomgo.

The service is a transaction protection system that applies PayGate's Seyfert escrow as a neutral third party to mediate transactions between sellers and buyers

Besides, Seyfert is a platform that widely applied into various fields such as settlement, crowdfunding, foreign currency remittance, O2O, and P2P Lending.

Soomgo specializes in preventing financial damage that occurs between a customer (service requester) and a client (service provider) to make the transaction work much safely.

When the customer makes a service request, he will be matched up to five suitable experts (clients) from Soomgo. He can read the reviews and employment records through the expert's profile and contact with the expert through messages or phones to get the consultation easily.

An officer from PayGate said, "After launching the service of Soomgo safe transaction, we are going to utilize it to our Seyfert wallet to enable our customers and clients proceed transactions safely and fast."

In addition, to celebrate the launch of Soomgo service, PayGate will hold the events of free service fee (2.5%) and 25,000 KRW discount for new clients.


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