Global Trade Payment Platform
A new solution
for trade payments
Start paying your suppliers with a Visa Card
Experts created innovation together
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In collaboration with Visa and KOTRA, NHN KCP has developed GTPP to offer a secure digital payment channel.
This solution aims to improve working capital efficiency, provide more secure payments,
and reduce transaction costs.
Managing working capital is a significant challenge in trade. GTPP will improve your working capital by allowing you to repay your credit card balance within a 30-50 day interest-free period.
Secure transactions with verified Korean suppliers
Simple credit card payments without complicated remittance.
There are no membership or subscription fees, only a 1.5% charge on the payment amount, which can be split between the buyer and seller.
Korean suppliers access GTPP to submit payment requests to their buyers.
Korean Buyers get payment request emails through their GTPP-registered email accounts.
When the buyers click on the link provided in the payment request email, it leads them to the GTPP payment page.
Buyers check the payment details are correct, then use their GTPP credit card to pay.
A world leader in digital payment.
Visa has a rich history of innovation, collaboration and disruption that formed one of the world’s largest payments networks.
As a trusted network, Visa facilitate digital payments across more than 200 countries and territories among a global set of consumers, merchants, financial institutions, businesses, strategic partners and government entities through innovative technologies.
What we do | Unlocking opportunities for everyone | Visa
The Korea Trade-Investment Promotion Agency (KOTRA) is a state-run organization established to assist Korean SMEs in expanding their exports globally. It boasts membership of 140,000 Korean SMEs and operates in over 120 cities worldwide. KOTRA ENGLISH
NHN KCP is no.1 ranked payment facilitator in Korea. Its service comprises of On/Off payment, mobile authentication, cash receipt. NHN KCP
Korea
Brian Soh｜brsoh@visa.com
Jiun Jeong｜jiunj@kotra.or.kr