Liquid Group, a regional mobile payment services group headquartered in Singapore, will partner with NICE Payments (“NICE”) as its merchant acquirer in Korea.
The collaboration encompasses the customers and issuer partners of Liquid Group in a way that they will be able to use their preferred payment apps and e-wallets for their local and overseas QR payment transactions at more than 33,000 of NICE’s QR-enabled merchants, including one of the largest duty-free shops in Korea and many other popular tourist destinations.
Yoon Kyeong Hwang, CEO of NICE Payments, said: “It is meant to be a strategic business partner with Singapore-based Liquid Group”, and emphasized that “The partnership with Liquid Group has great significance as NICE Payments will be the first to provide Southeast Asian E-wallet service in Korea, and will lead to great opportunity by creating new growth engine as a global payment platform.”
Jeremy Tan, Founder, and CEO of Liquid Group said: “We are thrilled to be joining forces with NICE Payments, which has a phenomenal track record in driving payments for over 30 years. It’s a win-win situation for both groups as we share the same vision of accelerating the cashless movement across Asia and making it the super region for QR payments on the global stage.”
