Solana said on X that South Korean fintech company KSNET has signed a memorandum of understanding with the Solana Foundation to integrate Solana Pay into its payment network. According to the post, the network reaches more than 330,000 merchants and processes about $4 billion in transaction volume each month. The announcement did not disclose a launch date or other implementation details. The update points to a planned expansion of Solana Pay into a large existing merchant payment system in South Korea through the KSNET network.
Solana said on X that South Korean fintech company KSNET has signed a memorandum of understanding with the Solana Foundation to integrate Solana Pay into its payment network.
According to the announcement, KSNET’s network covers more than 330,000 merchants and handles about $4 billion in monthly transaction volume.
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