Kakao Pay m-payment platform hits 10 mln users

(Telecompaper) South Korean mobile messenger service operator Kakao has announced that its mobile payment platform dubbed 'Kakao Pay' has exceeded 10 million users, 19 months after its launch on the local market. Officially launched in September 2014, the Kakao Pay platform enables users to pre-register their credit and debit cards, and make transactions by typing in their passwords.