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NH Card (Authenticated)

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Payment group: Real-time banking
Payment product ID: 8595

South Korean payment market adopted a different payer authentication method. The card companies require South Korean cardholders to go through a proprietary payer authentication process: to complete a payment, consumers must authenticate themselves in the card issuer's banking app with a banking password and username or Touch/Face ID. 

There is almost no chance of having fraud-related chargebacks when using authenticated payments. The exception to this rule is friendly fraud – when a consumer makes the online purchase, receives the order, but later falsely claims they didn't receive/authorize the purchase to get the money back.

Check out the NH Card product for the Cards (debit & credit) payments.

Authenticating yourself using someone else's card is systematically difficult. If somebody successfully did that and paid anyway, they gain access the following cardholder credentials:

  • smartphone PIN/fingerprint
  • mobile card app access (PIN/fingerprint)
  • in-app payment (the app usually asks you for a PIN or your fingerprint to confirm the payment)

Visa or Mastercard don't operate in domestic card transactions, only cross-border ones.


  • Allows iframe
  • Cancel refund
  • Partial refunds
  • Redirect
  • Recurring
  • Refunds
  • Tokenization

Key benefits

  • Opportunity to process payments locally with or without a local entity
  • Optimized user experience for South Korean consumers by providing the payment method they are most used to
  • Easy and quick payment without entering card details
  • No additional cost for you on top of the credit card processing cost
  • Higher payment security through providing a password and username or Touch/Face ID when entering the banking app
  • Minimum time and investment needed to start processing payments from South Korea
  • No scheme fees and cardholder surcharges for accepting cross-border payments
  • Collecting funds locally in the South Korean won (KRW) or having the option to settle funds cross-border in 20+ major currencies
  • Installments payment option with you being fully settled


With the help of our South Korean partner, we enabled a very light onboarding process for this payment product, available for different business verticals:

  • e-retail & marketplaces
  • travel & hospitality
  • digital goods & services
  • gaming & entertainment (except for the forbidden industries) 

This product is only available for the full-service offering. Refer to the eligibility criteria to qualify:

Scenario Business registration form with Korean tax ID Personal Clearance Custom Code (PCCC) *Is only applied to international delivery (custom duty tax) Tax ID indication for credit card sales slip VAT indication for credit card sales slip
Physical goods business with a Korean entity Mandatory Not applicable Merchant tax ID
Physical goods business with no Korean entity Not applicable Mandatory Local partner's tax ID Taxable amount 100%, VAT 0%
Digital goods business with a Korean entity Mandatory Not applicable Merchant tax ID Taxable amount 90%, VAT 10%
Digital goods business with no Korean entity Additional confirmation is required*

*Please reach out to your account or sales manager with the following information prepared:

  1. Your name and website's URL.
  2. Manual or automatic capture?
  3. Do you have a Korean Tax ID? If yes, please share it.
  4. How do you like to be settled: cross-border remittance in non-KRW currency or local remittance in KRW currency?
  5. Expected monthly sales volume through us (in USD).
  6. Expected go-live quarter and year (for example, Q2 2024).
  7. The maximum price for the service (in USD)
  8. Standard service provision period (for example, right away after authorization).

For other questions, you can always contact the boarding team to help you out.

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