Crypto.com Partners with KG Inicis to Scale Digital Asset Payments in South Korea
Collaboration will Integrate Crypto.com Pay for Foreign Travellers Across the KG Inicis Merchant Network
March 17, 2026 - Crypto.com has today announced a partnership with KG Inicis, the largest Payment Gateway (PG) and Value Added Network (VAN) provider in South Korea, to scale the digital asset payments ecosystem by enabling digital asset payments for foreign travellers via Crypto.com Pay.
As Korea’s number one integrated payment platform, KG Inicis will support and encourage the adoption of the Crypto.com Pay feature on their merchant network, which deals with over 400 million transactions a year. The pay integration would allow foreign travellers visiting South Korea to pay using digital assets across a large range of goods and services and enable international users to pay using digital assets on K-commerce platforms.
With Crypto.com Pay, merchants and customers can enjoy a faster and cheaper payment solution, merchants receive payment immediately in fiat or digital assets and customers gain greater flexibility in how they pay for things.
“KG Inicis boasts an unrivalled merchant acceptance network with 40% market share and we’re proud to partner with this fintech powerhouse to make digital asset payments easier for travellers to Korea,” said Eric Anziani, President and Chief Operating Officer, Crypto.com. “Giving our users more flexibility and access when it comes to how and when they use their digital assets is one of our central missions and we’re looking forward to scaling this partnership to benefit our users, the KG Inicis merchant network and hopefully the Korean tourism industry.”
Crypto.com and KG Inicis will also explore further business collaborations, subject to compliance with local regulations, including promotional activities, co-marketing opportunities, and the creation of new products and services.
A representative from KG Inicis stated, “A payment infrastructure that bridges digital assets with the real economy will become a core competitiveness of the future finance and commerce industries.” The representative added, “Through our collaboration with Crypto.com, we plan to expand an infrastructure where digital assets can be utilised in actual economic activities, all while ensuring a solid legal and regulatory foundation.
About Crypto.com
Founded in 2016, Crypto.com is trusted by millions of users worldwide and is the industry leader in regulatory compliance, security and privacy. Our vision is simple: Cryptocurrency in Every Wallet™. Crypto.com is committed to accelerating the adoption of cryptocurrency through innovation.
Learn more at https://crypto.com.
About KG INICIS
Founded in 1998, KG Inicis has built its reputation as a trusted commerce infrastructure leader by prioritizing 'The Speed of Trust over the Speed of Technology.' Over the past 28 years, the company has maintained the industry’s most stable Zero-Downtime operating system.
Learn more at https://www.inicis.com
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