South Korea’s HUPAYX Crypto Payments Platform Partners with 400K Stores

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South Korea’s HUPAYX Crypto Payments Platform Partners with 400K Stores
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HUPAYX, a leading South Korean blockchain project specializing in facilitating real-time crypto payments, is fast gaining traction in the region and it has allied with 400,000 highly reputed stores to establish its own Alliance Group.

Human Plus team, the creators of the innovative HUPAYX payments platform, are focused on bringing about a paradigm shift in the world of blockchain-based payments in collaboration with its alliance partners.

One of HUPAYX several high profile partners includes KIS Information Communications, a subsidiary of NICE Group which has spent nearly three decades in South Korea.

KIS is the second-largest VAN and merchant terminal in Korea, with more than two million payments service app clients.

KIS is actively spreading its tentacles to all parts of the globe, offering users financial services, credit information, manufacturing and more.

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The platform recently launched its highly functional electronic signature system as well as a first-of-its-kind cash receipt system.

Interestingly, KIS innovative products and services, as well as its HUPAY Wallet, will be adopted by merchants at 420,000 locations in Seoul, including at duty-free shops, tourist shopping districts.

The pilot project is scheduled to go live before the end of Q4 2019.

“We believe that some of the critical partnerships we made reflect not only on HUPAYX potential but also in trust and technological advantage we possess over our competitors,” said the team.

With this significant milestone already reached, HUPAYX plans to ink more partnership deals with at least 1 million stores by the end of 2019 and see more adoption and integration by Q1 2020.

The beta version of the HUPAY Wallet and HPOS merchant POS are now available for download on Google Play store and the iOS version will be launched later in November 2019.

Formidable Partnership

The HUPAYX team has signed an MoU with LG U+, an affiliate of LG Group, to offer merchants a secure payments platform while also distributing its POS systems via the LG U+ network.

LG Group is a global electronics firm that also provides Korea’s top-level wireless internet, smart home, and internet-related corporate services to more than 15 million clients in Korea alone.

With the LG U+ partnership in the kitten, HUPAYX is hatching plans to launch various local government-backed blockchain-based crypto businesses in the nation.

In 2018, LG U+ partnered with firms in several regions including Taiwan and the U.S to provide blockchain-based cross border payments services to users. HUPAYX believes its alliance with the firm would greatly facilitate its expansion.

Website: http://hupayx.com/eng.html 

Twitter: https://twitter.com/hupayx 

Facebook: https://www.facebook.com/hupayx.kr 

LinkedIn: https://www.linkedin.com/company/human-plus-inc/ 

Email: aibek@hupayx.com