4 Ways To Cashing out Small Payments

How to cash in small payments through mobile gift certificates

One of the representative methods of cashing out micro-payment is the so-called merchant technology (gift certificate + financial technology). It is a method of cashing out cash by purchasing gift certificates from department stores (Lotte Department Store, Shinsegae Department Store) using the mobile phone micro-payment limit, or by purchasing Cultureland gift certificates, Happy Money gift certificates, cultural gift certificates, and book cultural gift certificates from online shopping malls to buyers or by selling gift certificates to customers in need. In the case of gift certificates, they can be used like cash anywhere in Korea, so they can be sold quickly and can be cashed at the lowest commission.

How to cash in small payments through the transportation card application

You can proceed with the cash by charging the balance available for transportation card applications such as mobile T-money, cashbee, smart touch, and thrifty transportation cards using the micropayment limit and then refunding it. The advantage of cashing out through transportation card applications is that it does not have to find buyers or look for trusted companies separately, thereby eliminating the risk of damage from illegal fraud or impersonation companies.

Game Cash (Nexon)

How to cash in small payments (소액결제) through online shopping malls

It is a method of cashing in by purchasing items from online shopping malls Coupang, Naver Shopping, Timon, Wemakep, and G Market and making used transactions/delivery. After contacting and consulting with buyers who will purchase items from used trading platforms or sites in advance, the product is purchased through a small payment limit, delivered to the desired delivery destination, and received payment from the buyer.

How to cash in small payments through a specialized company

We learned how to cash out small payments (소액결제 현금화) above. There are many ways to cash in on your own, but if you don’t know how to do it, you can’t do it, and even if you know how to do it, it’s difficult to cash in on your own, or due to the policy of not paying small payments, it’s impossible to make payments on your own. In the case of purchasing mobile gift certificates and charging transportation card applications, there is a limit on the amount of money that can be charged every month, so selling game cash or selling daily necessities can be a very disturbing way if you don’t have a trust relationship with consumers. Therefore, it is the easiest way to cash in on small payments through a company specializing in cashierizing in small payments. However, before proceeding, you should pay special attention to the damage caused by illegal fraud (prescribed as) companies, such as whether the company is officially registered or whether there was any fraud damage from the company.