Payexpress Friday announced a plan to promote exports of automated package kiosks in partnership with Korea Commerce Solutions Group. The two companies signed a memorandum of understanding on these contents.

Payexpress has paved the way to expand its blockchain-based payment and mileage service to automated package kiosks and franchise payment systems. Korea Commerce Solutions Group has integrated blockchain into its automated package kiosk solution, which has been developed since 2010, and is now able to export it overseas

Sungmo Yoo, CEO of Korea Commerce Solutions Group, said, “With automated package kiosks already deployed in 1,400 major discount stores and supermarkets, we have launched our forays into Vietnam’s convenience store and distribution markets with Payexpress.”

Payexpress CEO Jaehyang Kim said, “We’re able to spread blockchain-based payment and mileage systems much faster by partnering with Korea Commerce Solutions Group having over 10,000 clients including the POS (point-of-sale) system in stores. We will create synergy to make it a globally renowned IT solution.” /jms@decenter.kr

James Jung