PPRO, a payment infrastructure provider that embeds localized payment methods to enhance cross-border payments, has extended its infrastructure to South Korea. The platform will integrate South Korean local cards and Toss Pay – a leading South Korean e-wallet.
Through this integration, payment service providers and merchants across the globe can access South Korean customers, through PPRO.
Analyst quicktake: PPRO has steadily expanded its presence in the Asia Pacific region over the past few years. It expanded its operations to Indonesia and Singapore in 2020 and subsequently acquired Alpha Fintech , a cloud-based digital payment infrastructure provider primarily focusing on Asia Pacific (APAC), in March 2022. Moreover, In September 2022, The company partnered with Australian BNPL solutions provider ZIP , as well as with the most popular e-wallets in Malaysia – GrabPay and Touch ‘n Go – to expand its global operations.
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