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PayGate[edit]

Paygate Co., Ltd. (Hangul: 페이게이트) is a South Korean a native Korean company founded in 1998, is developing and supplying software (electronic payment system) with subsidiaries in the U.S., the U.K., Hong Kong, and Japan. Its headquarters is Seokchonhosu-ro, Songpa-gu, Seoul, in 258 (Songpa-dong)


PayGate Co., Ltd.
Native name
주식회사 페이게이트
IndustryFinancial business
FoundedJuly 1, 1998; 25 years ago (1998-07-01)
HeadquartersSeoul City, South Korea
Key people
Park So-Yeong (CEO)
Lee Dong-San (CTO)
ProductsSeyfert
Websitewww.paygate.net

History[edit]

1998 Established PayGate

  • Developed Payment Solution
  • Established Paygate
  • PayGate Service Version 1.0


1999 PayGate LTD

  • E-payment service for domestic use
  • Paygate Multi-payment Gateway System[Applied for patent]
  • Signed official payment service contract with Korea sponsorship site of Sydney Olympic in Australia


2000 Participation in SBS intercom 2000 exhibition

  • Credit Card customer verification services[Payment Authentication]


2001 Mobile Payment Service Implementation

  • Acquired ISO-9001 certificate for the first time in the e-payment industries
  • Paygate Service version 2.0[Implementation Online Payment Service]


2003 Mobile Payment Service Implementation

  • Patent registration of e-commerce system and method
  • Selected as A grade SME(INNO-BIZ) Technology innovation and venture company
  • Selected as a superior technology company


2004 Selected as “KBS Internet Co;,Ltd” integrated agency

  • Mobile marketplace trial service implementation
  • Seyfert/one time pay service trademark registration


2005 Opened Escrow service and FDS(Fraud Detection Service)

  • Venture business certification(SME promotion corporation)


2006 Signed up Contract with Apple Computer online store e-payment service


2007 Held conference on E-commerce in Japan 2007

  • Signed up Contract to provide payment solution system for Web Application Conference 2007
  • Registered as an e-finance service provider(FSS)


2008 Opened Global overseas payment service

  • Opened Global China payment service
  • Opened make shop Global payment service
  • Launched Global web service(Korea,Japan,USA,China)
  • Acquired PCI DSS v1.1 certification and signed up contract with Korea Forest Service to provide billing system


2009 Launched smartphone payment service system

  • Selected as Payment module developer based on Mobile OK standard
  • Launched web(www.paygate.co.kr), Acquired PCI DSS 1.2 certification, Development AA service based on web standard


2010 Opened Overseas Subsidiary Global Payment PG Service

  • Opened Aladin Communication Mobile Payment Service
  • Development of Shopping Link(SNS) Payment Service


2011 Development of Smart TV e-payment service

  • AA(Amount Authentication) Accredited Certification Body Evaluation


2012 Opened Peer Transfer payment system

  • AA(Amount Authentication) certification approval by FSS
  • PCI DSS v2.0 certification for the first time in korea


2013 Opened Aladin AA service

  • European bank transfer agreement, extension of PCI DSS v2.0


2014 Launched Open Pay

  • Opened Global Payment Service v4.0
  • Provided e-commerce plugin, Launched foreign currency exchange service
  • Started supporting Korea Fintech Forum


2015 Launched Open Pay capture service

  • Launched P2P corwdfunding service based on Seyfert Platform
  • Registered at Ministry of Economics and Finance to provide remittance service
  • Launched Foreign Currency Exchange service both for local and foreigner
  • Approval by the affiliated research institute(Kroea Industrial Technology Association)
  • Venture business certification


2016 PCI DSS v3.1

  • ISO-27001 certification
  • Held the 1st World Fintech Forum
  • Designated TRS (Tax Refund Service) for foreign tourists


2017 PCI DSS v3.2 certification

  • Selected as a mobile money transfer provider in Seoul
  • Held and volunteered 2nd World Fintech Forum
  • Registered at Ministry of Economics and Finance to provide small amount remittance service


2018 Extended Venture Business Certificate

  • Launched Alibaba TMALL B2B products to provide B2B online platform service
  • Selected as a candidate for blockchain EOS BP
  • PayGate contructs netting system for “620 trillion, foreign currency remittance market.".[1]


Seyfert[edit]

Seyfert is the name of Paygate's FinTech platform, named after the Seyfert Galaxy, In the middle of a huge black hole Seyfert is a cloud-based FinTech platform that can handle a variety of online financial transactions that suitable the service name.

Seyfert offers the fastest and most effective way to operate the latest FinTech services at a minimum cost

As of June 2017, 80% of Korean peer-to-peer operators are launching services based on the Seyitert platform.[2]

Seyfert Features and Advantages[edit]

  1. Provide the fastest and most effective way to operate the latest FinTech services at minimum cost
  2. Proven reliability with over 10 years of operation.[3]
  3. Open service for immediate use
  4. strict AML(Anti-Money Laundering) regulations
  5. Ensure block chain-based data integrity.[4]


References[edit]

  1. ^ "PayGate, contructs netting system for "620 trillion, foreign currency remittance market."". 29 November 2018.
  2. ^ "페이게이트, "P2P 대출 생태계 발전에 힘 보탤 것"". 21 June 2018.
  3. ^ "Seyfert 소개". 2018.
  4. ^ "페이게이트 "블록체인으로 가상화폐 이상 거래 탐지"". 12 September 2018.

External links[edit]

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