BankPayEFT 1.2

BankPayEFT by KFTC (Korea Financial Telecommunications & Clearings Institute) is a secure electronic funds transfer solution that enables fast, bank account–based payments and transfers across participating Korean banks. It powers seamless in-app and online checkout, allowing users to pay directly from their bank accounts without cards, and helps businesses accept account-to-account payments with minimal friction.

Key capabilities:

• Account-to-account payments and transfers across multiple banks
• Smooth integration for in-app and web checkout via the BankPay interface
• Strong security and authentication aligned with Korean financial standards
• Consistent user experience across participating financial institutions

Who it’s for:

• Consumers who prefer paying straight from their bank accounts
• Merchants and service providers that want to offer bank-based payments
• Developers seeking a standardized way to add EFT capabilities to their apps

Availability and requirements:

• Intended for use in Korea
• Requires an account with a participating bank and a compatible app or device

BankPayEFT is developed by KFTC and is used by 18 users of Software Informer. The most popular versions of this product among our users are: 1.1 and 1.2. The name of the program executable file is Bank24.exe.