The Internet’s Money

Merchant of record · Asia-Pacific

Does Stripe Managed Payments work in South Korea?

No.

Stripe Managed Payments does not onboard businesses registered in South Korea.

What a business in South Korea can use

Stripe Managed Payments’s products, for a company incorporated in South Korea.

Accept paymentsNot available

Stripe (through Link) becomes merchant of record for digital products sold with Stripe Checkout, Payment Links or its mobile Checkout UI, handling sales tax, VAT and GST in 80+ countries, fraud, disputes and transaction-level customer support. Payouts go to the seller’s Stripe account as usual.

Pay people abroadNot offered

Stripe Managed Payments does not offer this.

Multi-currency accountNot offered

Stripe Managed Payments does not offer this.

Business cardsNot offered

Stripe Managed Payments does not offer this.

StablecoinsNot offered

Stripe Managed Payments does not offer this.

Yield on idle cashNot offered

Stripe Managed Payments does not offer this.

Turned on inside a Stripe account; the business must be based in one of 37 listed locations (CA, US, 31 European countries including LI, and AU, HK, JP, SG) and pass Stripe’s eligibility review. Connect platforms and Express accounts are excluded. Stripe also owns Lemon Squeezy, which is still operating; its stated direction is moving its sellers to Managed Payments, and its signup now routes through a Stripe form.

Onboarding confidence: high. Source: Stripe docs: Managed Payments eligibility (supported business locations, products). Everything about Stripe Managed Payments

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 Stripe Managed Payments work in South Korea?

No. Stripe Managed Payments does not onboard businesses registered in South Korea.

What are the alternatives to Stripe Managed Payments in South Korea?

Providers that onboard businesses registered in South Korea: PayPal, Airwallex, Wise Business, Payoneer, Paddle, Polar, Gumroad, FastSpring and 3 more. With limits: BVNK, Rain, Flutterwave, Razorpay and Xendit.

Stripe Managed Payments elsewhere in Asia-Pacific

Other providers in South Korea