EzyPay Offers Subscription Payment Capabilities in South Korea
Australian company, Ezypay, is one of the first subscription payments providers to offer their services in South Korea, solidifying its significant presence in the Asia-Pacific region.With over 25 years of experience in the subscription payments market, Ezypay is already well established across Asia with billing in Malaysia, Singapore, Philippines, Thailand, Taiwan, and Hong Kong. The recent expansion into South Korea reinforces the company’s continued commitment to the region, where they have introduced subscription solutions to a variety of industries including Health and Fitness, Education and Real Estate. Ezypay’s innovative billing platform is a unique offering in the South Korean market as subscription payments are a relatively new payment strategy – a common theme across the region.
James Foster, Ezypay CEO comments "Launching our unique subscription payment services in South Korea is another great milestone in the ongoing growth of our business. Like the other markets in which we support, we see an increasing need for merchants to offer their customers a more flexible way to pay; increasing customer satisfaction, reducing churn, improving cashflow and offsetting the risk that often comes with upfront or one-off payment strategies."
Ezypay offers South Korean merchants a new payment option with localised support. As a registered local entity, Ezypay has actively worked to meet security and other regulations to ensure merchants’ customers are provided with relevant, local payment options and are not subject to cross-border fees. Obtaining local acquiring highlights the ongoing efforts to improve the overall customer experience and increase collection rates for merchants in South Korea.Ezypay has been supporting the Health and Fitness industry since its inception. With strong partnerships with industry leading gym management software providers in many countries, Ezypay are proud to have Hapana as one of the first integrated partners servicing the South Korean market.
Jarron Aizen, CEO of Hapana adds, "Expanding into South Korea has been an exciting journey for Hapana. Being able to provide our clients with an end-to-end software solution that delivers a high quality, seamless solution for their growth is exactly what Hapana wants to continue doing across Asia Pacific and globally. Partnering with Ezypay enables us to provide a billing platform that, together with our software, gives fitness brands and owners the security, reliability and depth of operational functionality to focus their time on what really matters - growing their business."
Hapana’s focus is on providing an end-to-end online business platform to fuel efficient business growth and the secure handling of customer data, with important features such as Membership Management, Bookings, and Scheduling. The complete integration with Ezypay’s cloud billing platform, accredited with the highest payment security accreditation, PCI DSS Compliance Level 1, allows Hapana to continue its growth throughout APAC with the reassurance of enhanced payment security.By expanding to South Korea, and through their partnership with Hapana, Ezypay provides the market with more opportunities to collect payments easily. Foster noted, “Ezypay is more than just a payment provider. We are continuing to shape and guide the direction of subscription payments in Australia and the Asia Pacific region, and we are grateful to be working with strong partners such as Hapana.”
About EzypayEzypay is a multi-award winning FinTech company specialising in the provision of subscription and recurring direct debit payments. Since its establishment in 1996, Ezypay has continued to support businesses to generate revenue and settle complex financial scenarios with recurring customers the easy way.Ezypay’s cloud-based payment platform offers businesses a suite of easy-to-use subscription management services to automate recurring direct debit payments. The platform enables merchants to easily set-up flexible payment plans across different sites, to offer multiple payment options to their customers, including direct debit and credit card, and to improve revenue collection rates through advanced failed payment handling capabilities.The Ezypay platform is PCI DSS (Payment Card Industry Data Security Standard) accredited, ensuring all customer debit and credit card handling, billing and payment processing are achieved at the highest level of security. As a modern cloud-based system, it can be used as a standalone platform or integrated into existing business software through a set of powerful APIs.Ezypay has processed over $3 billion worth of subscription payments in 9 countries across the Asia Pacific region (Australia, New Zealand, Malaysia, Singapore, Philippines, Hong Kong, Taiwan, Thailand, and South Korea) and are continually expanding.