Global account · Asia-Pacific
Does Wise Business work in South Korea?
Wise Business does not onboard businesses registered in South Korea.
What a business in South Korea can use
Wise Business’s products, for a company incorporated in South Korea.
Payment links and Quick Pay for getting paid. This is not a full online checkout.
Send money to 140+ countries at the mid-market rate, including batch payments.
Hold 40+ currencies and get local account details in around 10 of them.
Wise Business debit cards that spend in local currency.
Wise Business does not offer this.
Wise Interest invests GBP, USD and EUR balances in BlackRock government money market funds (a Franklin Templeton fund in Australia). Wise warns that your money is at risk. Not available to US customers.
Onboarding confidence: medium. Source: Wise Business. Everything about Wise Business
Alternatives in South Korea
Other providers that serve businesses registered there.
Accept payments
Pay people abroad
Multi-currency account
Business cards
Stablecoins
Yield on idle cash
Selling to South Korea
How people there prefer to pay online.
- 1Local cards
- 2KakaoPay
- 3Naver Pay
- 4Toss Pay
Stablecoin rules in South Korea
Stablecoin rules are being written and may change.
Common questions
Does Wise Business work in South Korea?
No. Wise Business does not onboard businesses registered in South Korea.
What are the alternatives to Wise Business in South Korea?
Providers that onboard businesses registered in South Korea: PayPal, Airwallex, Payoneer, dLocal, Paddle, Polar, Gumroad, FastSpring and 3 more. With limits: Bridge, BVNK and Rain.
Wise Business elsewhere in Asia-Pacific