Toss Place, BNK Kyongnam Bank sign payment infrastructure MOU
The agreement covers payment technology cooperation, merchant infrastructure expansion and joint marketing for small business owners in Gyeongnam.
Toss Place said on October 28, 2026, that it signed a memorandum of understanding with BNK Kyongnam Bank to revitalize the regional economy, according to digitaltoday.co.kr.
Under the agreement, the two companies will cooperate on payment service technology, expand merchant infrastructure and run joint marketing for small business owners in the Gyeongnam region.
Toss Place's payment terminal Toss Front and its POS systems will be used to extend payment infrastructure at merchants in Gyeongnam.
The companies plan to broaden cooperation step by step to joint sales channels involving local governments, agencies and franchises, and to develop services that link regional finance and payments.
Earlier agreement with Busan Bank
In earlier cooperation with BNK Financial Group, Toss Place signed a similar agreement with Busan Bank. Busan and Gyeongnam are described as the merchant market with the second-largest scale after the Seoul metropolitan area.
Quick answers
What does the Toss Place and BNK Kyongnam Bank agreement cover?
Payment service technology cooperation, expansion of merchant infrastructure and joint marketing for small business owners in the Gyeongnam region.
Which Toss Place products are involved?
The Toss Front payment terminal and Toss Place's POS systems, which will be used to expand payment infrastructure at Gyeongnam merchants.