The Internet’s Money

Merchant of record · Asia-Pacific

Does Polar work in South Korea?

Yes.

Polar onboards businesses registered in South Korea.

What a business in South Korea can use

Polar’s products, for a company incorporated in South Korea.

Accept paymentsAvailable

Polar is merchant of record for software, SaaS and digital products, handling checkout, subscriptions, usage billing and international sales tax, and pays out through Stripe Connect Express.

Pay people abroadNot offered

Polar does not offer this.

Multi-currency accountNot offered

Polar does not offer this.

Business cardsNot offered

Polar does not offer this.

StablecoinsNot offered

Polar does not offer this.

Yield on idle cashNot offered

Polar does not offer this.

Sellers need a Stripe Connect Express payout account in one of Polar’s listed countries, with a bank account in the same country and currency. Stripe Payments itself does not need to be available there; individuals can sell where Stripe Connect Express allows individual accounts.

Onboarding confidence: high. Source: Polar docs: Supported countries (payout countries). Everything about Polar

Alternatives in South Korea

Other providers that serve businesses registered there.

Selling to South Korea

How people there prefer to pay online.

  1. 1Local cards
  2. 2KakaoPay
  3. 3Naver Pay
  4. 4Toss Pay

Stablecoin rules in South Korea

Moderate riskRules in progress

Stablecoin rules are being written and may change.

Everything about 🇰🇷 South Korea →

Common questions

Does Polar work in South Korea?

Yes. Polar onboards businesses registered in South Korea.

Which Polar products can a business in South Korea use?

accept payments.

What are the alternatives to Polar in South Korea?

Providers that onboard businesses registered in South Korea: PayPal, Airwallex, Wise Business, Payoneer, Paddle, Gumroad, FastSpring, Dodo Payments and 2 more. With limits: BVNK, Rain, Flutterwave, Razorpay and Xendit.

Polar elsewhere in Asia-Pacific

Other providers in South Korea