Korean internet portal Naver has launched its mobile payments platform Naver Pay following an unveiling in March. “Naver said it has partnered with 14 local banks and credit card firms to provide the payment service and plans to add more,” Korea Herald reports. “Naver currently has 53,000 member stores that are contracted to provide customers with Naver Pay.”

Next: Visit the NFCW Expo to find new suppliers and solutions