What EZPG Co does

EZPG Co., Ltd. (주식회사 이지피쥐) is a privately held South Korean payment gateway (PG) company headquartered in Seoul (Yongsan-gu) that provides online and offline payment processing services primarily to small and medium-sized merchants. Its core product portfolio covers Online PG for e-commerce, subscription, and reservation billing; Offline PG for physical retail POS, payment terminals, and kiosks; and an Integrated Payment Solution that combines offline PG and VAN services with the KingOrder Brothers POS program on Android and Windows. The stack is complemented by simplified-payment integrations (Naver Pay, Toss Pay, Kakao Pay), account transfer, virtual account, and recurring billing rails, plus the QR King contactless self-ordering add-on, all managed through a real-time merchant dashboard.

Underlying technology includes a dual-redundant system architecture with 24/7 monitoring, automated D+1/D+3 settlement for offline and D+3 for online transactions, and self-attested PCI DSS compliance. The company earns revenue through transaction-based commissions tiered by merchant annual revenue (micro merchants under 300M KRW through general merchants over 3B KRW), with rates set under South Korea's Specialized Credit Finance Business Act and published semi-annually by the National Tax Service.

EZPG acquires merchants directly through its website (ez-pg.net) via an online application flow, supported by a customer service center (02-1522-3434). It is led by CEO Yoon Woong-seon (윤웅선), is operationally stable (monthly Settlement Fund Protection disclosures continue through May 2026), and bundles its payments offering with partner-supplied POS software (KingOrder Brothers), kiosk hardware (KingOrder Brand Factory), cloud hosting (Megazone Cloud), and security vendors (SK shieldus, Trend Micro, OCTA Solution, COOCON). No funding rounds, M&A activity, or institutional backing are disclosed in available sources.

Name

EZPG Co

Legal name

주식회사 이지피쥐

Website

https://ez-pg.net

Company type

Private

Operating status

Operating

Short description

EZPG Co is a privately held South Korean payment gateway company providing online and offline payment processing, integrated POS/kiosk solutions, simplified-payment integrations, and QR-based self-ordering for SMB merchants across e-commerce, retail, food service, and other verticals.

Ownership category

akta.pro rank

Product category

Payment Gateway Services

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Finance Services (6199)

akta.pro primary industry

Merchant Payment Gateways (API/Hosted Checkout) (FSAMACAA)

akta.pro secondary industries

Integrated Payment Processors (PSP/Acquirer) (FSAMABAA), EMV Chip, Magstripe & PIN Debit Acceptance (FSAMADAG), Alternative Payment Methods (APMs) & Local Rails (ACH/SEPA/UPI, etc.) (CRAFALAG), Recurring Billing, Subscriptions & Tokenized Payments (CRAFALAH)

Keywords

• Payment gateway services
• Online payment processing
• POS payment integration
• Merchant settlement services
• Card transaction processing

Headquarters

HQ city

Yongsan

HQ country

South Korea

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Infrastructure, Operations, Marketing or Sales

Revenue model

1. Payment Processing Commission: Transaction-based commission fees charged to merchants based on annual revenue tiers. Commission rates are differentiated according to revenue brackets as mandated by the Specialized Credit Finance Business Act, published semi-annually by the National Tax Service.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

EZPG (이지피쥐) operates a Korean payment gateway service that processes credit-card and simplified-payment transactions for online shopping malls, offline POS/kiosk environments, delivery/reservation platforms, and subscription-based merchants. It bundles online and offline payment processing, virtual accounts, recurring billing, and automated D+1/D+3 settlement through a real-time merchant dashboard, with an integrated POS/kiosk solution and QR-based self-ordering via its KingOrder Brothers partnership.

Product overview

EZPG (이지피쥐) is a Korean payment gateway (PG) company providing both online and offline payment processing services. The core product portfolio includes Online PG and Offline PG services for card transactions, an Integrated Payment Solution combining offline PG and VAN for POS/terminal/kiosk environments, Simplified Payment integrations with Naver Pay/Toss Pay/Kakao Pay, Account Transfer, Subscription Payment, and Virtual Account support. QR King is a complementary contactless self-ordering add-on by KingOrder Brothers integrated with EZPG's settlement infrastructure. All payment flows are managed through the EZPG Dashboard, which handles real-time authorization, transaction tracking, and automatic settlement on D+1/D+3 cycles.

Differentiator

Problem solved

Functional benefit

Products and services

• EZPG Online PG (온라인 PG)

Quantifiable outcome

• D+1/D+3 settlement cycle compared to D+7 industry average — enables faster merchant cash flow

Named customers2 records

Segments6 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration10 records

Feature4 records

Partnerships

Two partnerships are on record, tiered core.

• KingOrder Brothers (킹오더브라더스)coreTechnology or IntegrationPayment solution partner providing merchant business management and customer service (CS) solutions. Offers integrated payment and store operation solutions for franchise businesses. Website: xn--9m1bt07agwh.com
• KingOrder Brand Factory (킹오더브랜드팩토리)coreTechnology or IntegrationKiosk manufacturing partner supplying POS, payment terminals, and kiosk devices. Supports system construction and device supply for store operations. Website: kingorderbrandfactory.com

Scale indicators1 record

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Stripe: Global payments infrastructure provider offering merchant payment gateways, API-led integration, and developer tooling. While not a direct Korean-local competitor, Stripe is the benchmark for international PG infrastructure and represents the innovation ceiling EZPG would face if it pursues cross-border expansion.
• Square (Block): Integrated POS + payment processing + value-added services stack for SMBs globally. Comparable to EZPG's integrated offline PG + POS/kiosk + dashboard offering, although at vastly larger scale and with a deeper software ecosystem.
• Kakao Pay: Korea's largest simple-payment super-app, integrated into KakaoTalk. Competes with EZPG both as a payment method on EZPG's checkout and as a direct merchant PG/switching competitor across consumer and SMB segments.
• Toss Payments (Viva Republica): Toss's merchant-side payment processing arm, covering online PG, POS, and QR payments with deep consumer-side wallet reach. Highly comparable product breadth to EZPG but with materially stronger consumer brand and capital base.
• Naver Pay (Naver Financial): Naver's wallet and payment service integrated with Naver Shopping and Naver's broader ecosystem. A direct 'simplified payment' competitor to EZPG's Naver Pay integration and a growing merchant-side PG threat.

Direct peers

• KG Inicis (KG이니시스): One of Korea's largest dedicated payment gateway companies, offering online PG, offline PG, VAN, and POS-integrated payment services across all major Korean merchant categories. Directly comparable to EZPG in core product set and SMB merchant focus, but at significantly larger scale.
• NICE Payments: Licensed Korean PG under NICE Group providing online and offline payment processing, VAN, and simple payment integrations for Korean merchants. Directly competes with EZPG in PG infrastructure and SMB merchant acquisition.
• KG Mobilians (KG모빌리언스): Korean integrated payment processor offering online PG, mobile billing, and VAN services. Comparable to EZPG in PG infrastructure and SMB merchant focus, with broader carrier-billing capabilities.
• PayLetter (페이레터): Korean payment gateway specializing in online content, subscription, and digital goods transactions. Overlaps with EZPG's online PG and subscription/recurring billing product lines and targets similar SMB digital merchants.
• Settlebank (세틀뱅크): Korean PG focused on online and offline payment processing for SMB merchants. Directly comparable in customer segment, product scope, and SMB channel dynamics.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about EZPG Co