Crypto.com Partners With KSNET to Enable Crypto Payments for South Korea Tourists

On May 13, 2025, Crypto.com’s official X account shared big news for travelers. The announcement highlighted a new service for foreign visitors in South Korea. It said they can pay for goods and services with Crypto.com Pay in Korea. The post marked the public launch of the partnership between Crypto.com and KSNET. It aims to offer crypto-based payments at leading retail spots in South Korea. These include fashion, beauty, and duty-free shops. International tourists now have more freedom of payment when visiting Korea’s top shopping districts.

Crypto.com and KSNET Enable Seamless Transit Payments 

The service also covers public transit on Jeju Island for Crypto.com Visa Card users. Cardholders with a physical or digital card can pay for bus rides directly. Jeju’s closed-loop system previously limited many international visitors. Now, tourists can use crypto payments via the Crypto.com ecosystem. This change simplifies getting around South Korea’s top tourist spot. It shows how Crypto.com Pay and KSNET join forces to expand payment reach. Tourists no longer need separate transit cards for buses on the island. Seamless crypto payments improve Jeju’s travel experiences.

Crypto.com and KSNET pool their expertise to make this plan work smoothly and affordably. KSNET is one of the top four value-added networks in South Korea. It handles about 130 million transactions each month. The firm serves more than 330,000 merchants across the country. With nearly $4 billion in monthly transaction volume, KSNET offers a strong payment infrastructure. Merchants can accept crypto at lower fees and faster settlement via Crypto.com Pay. The system lets Crypto.com App users pay in cryptocurrencies. This expands digital assets’ real-world use and merchant adoption. It also builds trust in crypto payments among businesses.

Crypto.com Pushes to Make Crypto a Regular Payment Option

Eric Anziani, Crypto.com’s President and COO, shared the mission behind this launch. He said everyday crypto use is at the heart of their vision. He stressed the need to bring crypto into every wallet. Integrating with KSNET shows progress beyond digital wallets and trading. The partnership creates infrastructure for regular consumer transactions. It supports people who want to spend crypto in daily life. Anziani believes more people will trust crypto when it’s easy to spend. The move aims to position crypto as a normal payment method.

KSNET sees this partnership as part of its push to modernize payments. Hankook Park, KSNET’s CEO, praised the new alliance. He said it meets merchants’ and consumers’ changing needs. Adding crypto payments offers more options to travelers. It strengthens KSNET’s role in South Korea’s payment market. By supporting crypto transactions on a trusted platform, KSNET updates its legacy systems. This ensures merchants can serve customers who prefer digital assets. Park noted that this technology bridges traditional and digital finance. He said KSNET will keep exploring new payment solutions.

Crypto Enters Everyday Life Through Retail and Transit Solutions

Major crypto platforms are now joining traditional finance beyond trading services. They form partnerships that push real-world usage of digital assets. For Crypto.com exchange users, this change is vital. They can spend crypto on everyday needs like shopping and transport. This shift also reflects growing South Korea crypto adoption by citizens and tourists. It shows crypto moving past speculation toward practical use. Such developments make digital coins feel more familiar in daily life. Travelers can now rely on familiar tools across the crypto space.

Recently, Crypto.com also signed an MoU with Dubai’s Department of Finance. The deal lets citizens pay government fees using cryptocurrency. Top officials like Abdulla Mohammed Al Basti attended the signing. It took place at the Dubai FinTech Summit. This move supports Dubai’s cashless society strategy. The agreement positions crypto in official transactions. It shows Crypto.com’s aim to work with governments. The partnership builds a bridge between crypto and public services. The deal underscores Crypto.com Exchange’s focus on practical crypto uses.

Building Trust and Simplicity in Overseas Crypto Spending

The Crypto.com and KSNET initiative continues to expand the crypto industry’s reach and focuses on Korea’s tourist market. The collaboration offers a secure, scalable system. It connects crypto holders to everyday services abroad. Starting with retail and transit proves that practical crypto payments are possible. Over time, it may expand to more cities and industries. These steps help define South Korea crypto adoption pathways. They show how digital assets fit into daily life. For foreign travelers, the system delivers simplicity and trust when spending crypto overseas. It is not a test but a full national rollout. The model provides a clear blueprint for future crypto projects.