PayGate

PayGate’s Payment Fintech Platform “Seyfert” exports to Vietnam. PayGate, a Fintech company, announced on the 25th that "Fintech Demo Day in Hanoi" was held on the 24th in Hanoi, Vietnam. PayGate Vietnam team introduced Seyfert platform in details to a number of attendees with documents and 1:1 meetings. “Seyfert platform, with native Korean Fintech platform technology, is evaluated as the best solution for E-wallet service provider in Vietnam market. After participating in the competition last year, we keep having several discussions with lots of Vietnamese companies about cooperation in Fintech platform, and we hope to come up with some visible results as soon as possible,” said PayGate. "Especially, Vietnamese banks and local IT companies are paying much attention to PayGate's Seyfert platform in Vietnam." Following Vietnam, PayGate is preparing a technical alliance with local banks by establishing a subsidiary in Nepal. 페이게이트, 결제 핀테크 플랫폼 '...

PayGate, the maximum amount for personal remittance is enhanced to USD 5,000. Enhanced from USD 3,000 to USD 5,000 per transfer giving much convenience to customers. To create much convenience for the customers, PayGate, a global remittance company, enhanced the maximum amount for personal remittance from USD 3,000 to USD 5,000 per transfer. PayGate used to process the payments below USD 3,000 with thoroughgoing CDD (KYC) authentication, blacklist check, and PEPS & Sanction check. With the consolidation of process, PayGate announced on 23rd that the maximum amount for personal remittance was enhanced to USD 5,000 per transfer to create a much convenient and stable remittance system for customers. "We will make efforts in providing a globally competitive system to let more partners and customer use PayGate's Seyfert remittance network , while in compliance with FIU, Bank of Korea, and Ministry of Economy and Finance (MOEF)," said Dong-san Lee, CTO of PayGa...

Paypal cooperates with PayGate for KRW remittance service in Korea. The recent remittances of foreign currency by fintech companies and mobile pay companies has made it easier to transfer Korean won from overseas to Korea. According to data from the World Bank, the world's remittance market in 2018 amounts to about $ 699.8 billion, with 1.4 million Koreans living in the United States alone. Accordingly, PayPal is cooperating with domestic companies such as Shinhan Bank and PayGate based on the growth potential of the domestic small foreign currency remittance market. Paypal is planning to expand its service through remittance, bill payments and recharge in Paypal accounts worldwide and has been expanding its service to 132 countries after acquiring Xoom.com to further strengthen its remittance business. As Korea's representative for PayPal's remittance platform Zoom, PayGate uses the Seyfert paltform to transfer the charged funds to individual recipients, a...

PayGate participated in the bazaar, Faithlilli Korea Trunk Show, held in Seoul Foreign School on Sep 28th, 'INTERNATIONAL FAIR.' 'Faithlilli Korea Trunk Show' creates a new culture of donation for valuable consumption that is open to the everyone instead of a certain class or few VVIPs. In 2018, 'CCI (Cross Connection International)' started the first trunk show with Faithlilli U.S. for the graduates of 'Shin Mang Won,' Child Care Facility in Yangpyeong. In October 2018 and March 2019, CCI sponsored Eunpyeong Rehabilitation Center in Eunpyeong-gu. 'Faithlillli Korea Trunk Show' supports the disabled in Eunpyeong Rehabilitation Center in the development of specialty and help them adjust to cultural and social life. In 2013, A dance troupe formed by the disabled attracted much attention. On Sep 28th, "Faithlillli Korea Trunk Show" was held in order to promote the dance troupe domestic and overseas activities. PayGat...