Business Idea
Create a localized international payment platform tailored for Korea, enabling founders to seamlessly manage subscriptions and digital sales without country-specific hurdles.
Problem
International payment solutions like Stripe are nearly inaccessible in Korea, restricting local entrepreneurs from easily accepting global payments and scaling their digital products.
Solution
Develop a user-friendly, compliant payment platform similar to Lemon Squeezy or Paddle that supports Korean regulations, offering smooth onboarding, integrated checkout, and subscription management for digital businesses.
Target Audience
- Local startups selling digital products or subscriptions
- Independent developers seeking international sales
- Online service providers needing seamless local payment integration
Monetization
Charge transaction fees, subscription management fees, and offer premium features like analytics, integrations, or custom support as paid add-ons.
Unique Selling Proposition (USP)
First-to-market localized payment solution optimized for Korea, ensuring compliance and ease-of-use, with seamless integration for digital entrepreneurs aiming for global reach without complexity.
Launch Strategy
- Conduct market research and gather feedback from local entrepreneurs.
- Partner with payment gateways and regulators to ensure compliance.
- Create a minimum viable product (MVP) to test core features with early adopters.
- Promote via startup communities, social media, and pilot programs to gather real user input and iteratively improve.
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