List of PayCo Customers
Seongnam-si, 05843,
South Korea
Since 2010, our global team of researchers has been studying PayCo customers around the world, aggregating massive amounts of data points that form the basis of our forecast assumptions and perhaps the rise and fall of certain vendors and their products on a quarterly basis.
Each quarter our research team identifies companies that have purchased PayCo for Payment Processing from public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources, including the customer size, industry, location, implementation status, partner involvement, LOB Key Stakeholders and related IT decision-makers contact details.
Companies using PayCo for Payment Processing include: Shinhan Bank, a South Korea based Banking and Financial Services organisation with 13400 employees and revenues of $2.60 billion, Starbucks Korea, a South Korea based Retail organisation with 23000 employees and revenues of $1.80 billion, Maeil Holdings Co, a South Korea based Consumer Packaged Goods organisation with 33 employees and revenues of $1.48 billion, 11st South Korea, a South Korea based Retail organisation with 1164 employees and revenues of $320.0 million and many others.
Contact us if you need a completed and verified list of companies using PayCo, including the breakdown by industry (21 Verticals), Geography (Region, Country, State, City), Company Size (Revenue, Employees, Asset) and related IT Decision Makers, Key Stakeholders, business and technology executives responsible for the software purchases.
The PayCo customer wins are being incorporated in our Enterprise Applications Buyer Insight and Technographics Customer Database which has over 100 data fields that detail company usage of software systems and their digital transformation initiatives. Apps Run The World wants to become your No. 1 technographic data source!
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| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Application | Category | When | SI | Insight |
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11st South Korea | Retail | 1164 | $320M | South Korea | PayCo | PayCo | Payment Processing | 2017 | n/a |
In 2017, 11st South Korea integrated PayCo as a Payment Processing option on its e-commerce marketplace, enabling customers to complete checkout using PayCo credentials and points and providing a streamlined e-commerce payment experience. PayCo was provisioned as a first class payment method within 11st checkout workflows and reported public marketplace support in 2017 by the vendor.
The implementation encompassed standard Payment Processing capabilities, including gateway integration into the 11st checkout, credential based authentication for PayCo users, and wallet style points redemption for loyalty balance use at payment. Configuration work focused on embedding PayCo payment flows into order capture, supporting card on file or tokenized flows consistent with payment processing practices, and mapping PayCo settlement signals into 11st transaction records.
Operational coverage targeted 11st online marketplace transactions across the South Korea site and affected business functions for payments operations, checkout experience, and loyalty management. The rollout was publicly documented by PayCo in 2017 as broad marketplace adoption, and governance centered on integrating PayCo authorization and point redemption into 11st order lifecycle and merchant payment reconciliation processes.
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Maeil Holdings Co | Consumer Packaged Goods | 33 | $1.5B | South Korea | PayCo | PayCo | Payment Processing | 2018 | n/a |
In 2018, Maeil Holdings Co implemented PayCo for Payment Processing on its public website. The PayCo implementation serves as the primary online payment gateway for customer checkout and payment capture, embedded into the web checkout flow used by consumers, and the site contains an SSO style integration endpoint that evidences a web based authentication handoff during payment sessions.
PayCo delivers Payment Processing capabilities aligned with standard gateway workflows, including card authorization, settlement routing, and hosted checkout pages, and it is used to manage consumer facing payment flows on maeil.com. The deployment is concentrated on the corporate ecommerce channel and impacts online sales and customer payment operations, with PayCo responsible for external transaction processing and web checkout orchestration.
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Shinhan Bank | Banking and Financial Services | 13400 | $2.6B | South Korea | PayCo | PayCo | Payment Processing | 2021 | n/a |
In 2021, Shinhan Bank signed a business agreement with NHN PAYCO to jointly develop lifestyle financial services and a buy now pay later offering using PayCo in the Payment Processing category. The agreement positions PayCo as the payment processing platform to surface BNPL at PAYCO customer touchpoints and to leverage PAYCO customer data for transaction orchestration and customer interfacing.
Implementation scope focused on BNPL workflows, customer data driven underwriting inputs, checkout and payment orchestration, installment management, authorization and settlement flows typical of Payment Processing platforms. Integrations emphasize PAYCO customer touchpoints and data channels rather than naming specific systems, enabling coordinated payment initiation and user experience embedding across mobile and web channels in South Korea. Operational governance was established through the December 2021 business agreement with phased rollout activities estimated to have progressed into 2022, and program oversight aligned finance, payments operations, risk and digital channels. The project centers on joint development and operational coordination between Shinhan Bank and PayCo to deliver consumer lending and payments capabilities.
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Retail | 23000 | $1.8B | South Korea | PayCo | PayCo | Payment Processing | 2025 | n/a |
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Buyer Intent: Companies Evaluating PayCo
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