Payment and settlement data from Toss Payments will be automatically linked to "Gyeongnara," the accounting management platform operated by Webcash (053580.KQ).
Webcash signed a memorandum of understanding (MOU) with Toss Payments on Monday to develop a payment and settlement data integration feature and expand customer infrastructure, the company said Wednesday. The agreement was pursued to jointly develop a function that automatically links payment and settlement data between Gyeongnara and Toss Payments. The two companies plan to build an environment where Toss Payments merchants can check payment and settlement records directly within Gyeongnara and use them for sales management.
Once the integration feature is applied, customers will be able to view payment and settlement records directly in Gyeongnara without separately downloading data or moving between multiple systems. The automatic data linkage is expected to reduce workload and improve the accuracy of data management. In addition, the two companies will pursue multifaceted cooperation, including jointly identifying new customers based on their mutual platforms and operating joint marketing campaigns.
"Small business owners and small and medium-sized enterprises often have to run their business and handle management at the same time with limited staff," Webcash CEO Kang Won-ju said. "Through cooperation with Toss Payments, we will advance our services and provide an environment where payment and settlement data can be used more easily and conveniently."
