Crypto Payment Startup HUPAYX to Tap into Four Hundred Thousand Stores in S. Korea

August 9, 2019 08:18:45

Bitcoin Press Release: The South Korean based payment platform HUPAYX specializing in real-time crypto payments is gaining much interest by partnering with various high profile domestic companies and creating its own Alliance Group, whilst tapping into 400,000 stores in S. Korea.

9th August, 2019, Seoul, South KoreaThe goal of The Human Plus team, the makers of HUPAYX, is creating a new global paradigm in blockchain based everyday economy together with its alliance partners. One of the recent and most significant partnerships was made with KIS Information Communications, second largest VAN and merchant terminal company with over 2 million payment service app users.

KIS is a subsidiary of NICE Group, which has 28 years of financial infrastructure in Korea. The company is expanding its services at home and abroad on the basis of credit information, financial services and manufacturing business. KIS introduced an electronic signature system through continuous technological innovation and created the first of its kind cash receipt system. It is seeking to expand and diversify its business based on various infrastructures in the domestic market.

Through this exclusive business agreement HUPAYX payment solution is to be implemented at 420,000 locations in the Seoul area alone. The scope of the project ranges from implementation at Duty free shops, tourist shopping districts, as well as integrating service via an app with the HUPAY Wallet. The pilot project is expected to kick start in Q3 ~Q4 of 2019. 

The Human Plus Team commented:

“We believe that some of the key partnerships we did reflects not only on HUPAYX potential, but also in trust and technological advantage we possess over our competitors.” 

The company also stated that their goal is to partner with over 1 million stores by the end of 2019 and subsequent integration in Q1 of 2020. The company’s HUPAY Wallet and merchant pos called HPOS is now available as a Beta version for download on Google Play store (iOS in November of 2019).

HUPAYX Partners with Country’s 3rd Largest Telecom Company

South Korean based startup HUPAYX is a cryptocurrency point of sale and blockchain based payment solution geared toward facilitating shopping experiences for both HUPAYX’s contributors, as well as the general public. HUPAYX’s corporate and institutional alliance allows for unique seamless combinations of products and services from a broad range of industries.

HUPAYX has signed a business agreement with LG U+ to secure merchants and distribute its POS systems via the LG U+ network. LGU+, an affiliate of LG Group, is a company that provides the country’s top-level wireless internet, smart home and Internet-related corporate services, with over 15 million members nationwide.

The HUPAYX team is now preparing to launch various local governments’ backed blockchain-based digital currency business. The LG U+ partnership will help the company leverage its sales partnership, merchant applications, and telecom infrastructure to expand

its merchants base starting from domestic market.

Last year, LG U+ has joined with global partners in Japan, Taiwan and the United States to offer subscribers a blockchain-based overseas payment service. The partnership comprised of Taiwan-based Far EasTone Telecommunications and Japan-based SoftBank for the new service. U.S.-based TBCASoft is to provide their blockchain platform.

For more information, visit the website:

Follow HUPAYX on Twitter:

Like HUPAYX on Facebook:

Chat on Telegram:

Connect with the Team on Linkedin:

Media Contact Details
Contact Name: Aibek Amandanov
Contact Title: Global Marketing Head
Contact Tel:+821032901610
Contact Email:

HUPAYX is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

About AmaZixNavigate the blockchain space with its leading strategic experts. Document creation. Growth marketing. Community management. Wherever you’re headed, we’ll take you there. Visit the AmaZix Website for more information.

About CryptoCurrencyWire (“CCW”)

CryptoCurrencyWire (CCW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with CCW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness.

To receive instant SMS alerts, text CRYPTO to 77948 (U.S. Mobile Phones Only)

CryptoCurrencyNewsWire is where News, content and information converge via Crypto.

For more information, please visit

Please see full terms of use and disclaimers on the CryptoCurrencyWire (CCW) website applicable to all content provided by CCW, wherever published or re-published:

CryptoCurrencyWire (CCW)
New York, New York
212.994.9818 Office

This article contains Third-Party Content submitted by third parties, including articles submitted through the CCW Premium Partnership Program. All opinions, statements and representations expressed by such third parties are theirs alone and do not express or represent the views and opinions of CCW or its affiliates and owners. Content created by third parties is the sole responsibility of such third parties, and CCW does not endorse, guarantee or make representations concerning the accuracy and completeness of all third-party content. You acknowledge that by CCW providing you with this internet portal that makes accessible to you the ability to view third-party content through the CCW site, CCW does not undertake any obligation to you as a reader of such content or assume any liability relating to such third-party content. CCW expressly disclaims liability relating to such third-party content. CCW and its members, affiliates, successors, assigns, officers, directors, and partners assume no responsibility or liability that may arise from the third-party content, including, but not limited to, responsibility or liability for claims for defamation, libel, slander, infringement, invasion of privacy and publicity rights, fraud, or misrepresentation, or an private right of action under the federal securities laws of the United States or common law. Notwithstanding the foregoing, CCW reserves the right to remove third-party content at any time in its sole discretion.