A simple way to cash in small payments

Cashing in small payments on mobile phones is a very easy way to raise cash when you need money. Cashing in small payments is a service that makes it easy to make cash when you have to pay a wedding gift or a membership fee such as spending money with friends.

Because of your low credit score, you must be in a state of great anxiety when you can’t use financial loan products or borrow money from your acquaintances. It’s a service that you can use when you need cash in such a hurry, so it’s better to know how to use it and prepare for future emergencies.

mobile phone micropayment route

I’ll tell you about the most representative mobile phone micropayment routes (소액결제 현금화 루트). There are so many ways and routes, but depending on how you pay, the fee you pay to make cash is all different, so we’ll have to choose the lowest fee.

1. Gift certificate payment

In Korea, you can purchase a variety of gift certificates that can be used offline using the mobile phone small payment limit. Gift certificates that can be used in traditional markets or department stores or cultural gift certificates that can charge cash in online games are purchased with a mobile phone small payment limit and then sold again to those who need gift certificates.

Gift certificates can be used in a wide range in Korea, so the unit price is high, so the fee deducted if you sell them again after purchase is low. Therefore, it is the most representative method of cashing out small payments.

2. Using a small payment cashier

If you’re new to monetizing small payments, you won’t be familiar with the monetization route. Gift certificate payments may be known because they are widely introduced on the Internet, but if a gift certificate cannot be paid due to a micropayment policy, you don’t know which route to use, so it’s a good idea to monetize small payments through a specialized company.

If you use a company, you have to pay a minimum of 10% to 15% commission on average. As much as you pay the commission, it is conducted in a safe and reliable way. However, you must choose a legal company to proceed.

Precautions to be taken when monetizing small payments

There are a wide variety of ways to monetize micropayments, but the line between legal and illegal methods is one piece of paper. Proceeding through a normal route is done legally and pays a commission accordingly, but if proceeding through an illegal route, it can have a negative impact on households, so make sure to use the legal route and select a good company.