> For the complete documentation index, see [llms.txt](https://developer.paddle.com/llms.txt).

# Payco

Let customers pay with Payco. No configuration required.

---

## Key attributes

| Attribute | Value |
| --- | --- |
| Countries | KR |
| Currencies | KRW |
| Platforms | All |
| One-time items | Supported |
| Subscriptions | Not supported |
| Capture | Instant |
| Chargebacks | Supported |
| Refunds | Supported |
| Installments | Supported |
| Can be presented when saved? | Not supported |
| Express checkout | Not supported |

Payco was created by Nonghyup Bank, one of the biggest banks in South Korea, as a way for customers to send money, pay bills, get insurance, and access investment products.

Partnerships with platforms like YouTube and T-money, used to pay for public transportation in Seoul and other major cities, mean it's grown into a popular way to pay online.

You don't need to set up a bank account in South Korea to add Payco as a payment option with Paddle.

{% card-group cols=3 %}
{% card title="primary market" stat="KR" statColor="blue" %}
Payco is a popular payment method for customers in South Korea and Koreans living abroad.
{% /card %}

{% card title="total payments/year" stat="$5bn" statColor="green" %}
Payco processes transactions totalling ₩7.4tn on average each year.
{% /card %}

{% card title="monthly active users" stat="12m" statColor="purple" %}
Payco has 12m registered users of their app as of Q1 2022, with 4.1m monthly active users.
{% /card %}
{% /card-group %}

## How it works

{% journey %}
{% journey-step title="Customer chooses Payco" %}

Turn on Payco in a couple of clicks in your Paddle dashboard. Paddle automatically presents the option to pay using Payco for customers paying in a supported country and currency.

{% /journey-step %}

{% journey-step title="Customer starts confirmation" %}

If the customer is checking out on a desktop, they're prompted to scan a QR code with their phone. If they're on mobile, they're prompted to open Payco.

{% /journey-step %}

{% journey-step title="Customer confirms purchase" %}

Customer confirms purchase on their phone using their Payco app.

{% /journey-step %}

{% journey-step title="Payment complete" %}

If successful, Paddle Checkout shows a success screen or enters your success workflow.

{% /journey-step %}
{% /journey %}
## Accept Payco

1. Go to **Paddle > Checkout > Checkout settings**.
2. On the General tab, check **Payco**.
3. Click **Save** to apply.

## Test Payco

You can test Payco using your Paddle [sandbox account](https://developer.paddle.com/build/tools/sandbox.md).

1. Turn on Payco for your Paddle account.
2. Open a checkout for a one-time item that's priced in `KRW` (South Korean Won).
3. Pick South Korea as the country on the first screen of checkout, then enter an email.
4. Select Payco as the payment method.
5. Click **Pay** and follow the prompts to complete purchase.

> Paddle Checkout only presents Payco as a payment method for one-time items priced in South Korean Won, where the customer address is in South Korea.