Under the agreement, the two sides will work to improve convenience in digital payments and jointly pursue the introduction and linkage of blockchain-based payment systems. They plan to connect their payment infrastructure to improve users’ payment experience and review the feasibility of applying new payment methods.
The partnership links private fintech services with public payment infrastructure. Toss has provided services including simple money transfers, credit checks and currency exchange, backed by 30 million cumulative users as of July last year. The Korea Mint has operated public payment platforms, including local currency programs for 83 local governments and the digital Onnuri gift certificate project.
Over the mid- to long term, they also plan joint pilot projects using token-based payment instruments such as deposit tokens and stablecoins, to test real-world applicability and expand into more personalized payment services. A Toss official said the deal will help advance payment infrastructure while assessing new payment options, adding the company will continue cooperation to create a simpler, more scalable payment experience for users.
* This article has been translated by AI.
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