Users
729KDongbaekjeon is Busan's local-currency payment service, bringing app-managed prepaid spending to registered merchants in the Korean city. Its card and approved QR acceptance focus purchasing power on the local economy, with merchant eligibility tied to the programme's rules.
Use cases:
Channels:
Initiation:
Markets
1TPV
$120MTransactions
5.2MEstimated Monthly Usage, Aurato Research, October 2026
Capabilities
Initiation & Authentication
Funding & Requirements
Processing & Settlement
Transaction Management
Refunds & Disputes
Additional native capabilities
Markets
Estimated Monthly Usage, Aurato Research, October 2026
PSPs
No PSP implementations have been mapped for this method yet.
Schemes
Compliance
Regulator
Bank of Korea



