NewsNewsDetails
web3: KSNeT partners with Solana to test payment settlement solutions
SolanaFloor
07-31 00:55
Ai Focus
KSNeT signed an MOU with the Solana Foundation to test Solana Pay and x402 payment solutions in a network of merchants in South Korea.
Helpful
No.Help

South Korean payment company KSNeT has signed a memorandum of understanding with the Solana Foundation to test Solana Pay within its merchant network and evaluate the application of the x402 protocol in AI payment scenarios. KSNeT stated that the pilot program will begin with a proof-of-concept, covering both online and offline merchant networks.

Covering a network of 330,000 merchants

KSNeT, headquartered in Seocho-gu, Seoul, has 26 years of experience operating a merchant network. The company currently provides bank card acquiring, payment gateway, and e-banking services, handling over $4 billion in monthly transactions and covering more than 330,000 merchants.

Testing Solana Pay settlement

The first pilot program will integrate Solana Pay's standards into the local Korean payment environment and connect it with KSNeT's existing merchant network. The company also plans to integrate digital asset settlements with the Korean Won settlement network to reduce exchange rate fluctuations and liquidity risks for merchants when receiving payments.

Synchronous test x402 protocol

The second pilot will focus on the x402 protocol. KSNeT will test whether the protocol is compatible with its internally validated AI payment model. x402 aims to enable AI agents to complete value transfers without login or card authentication, making it suitable for small-amount, high-frequency payment scenarios.

South Korean payment institutions are accelerating their alignment with Solana.

Solana Foundation has recently secured a series of partnerships in South Korea's financial and payment sectors. Previously, Shinhan Card, Toss Bank, and KG Group had all announced related pilot programs. KSNeT has also been working with K Bank and Lambda256 on digital asset settlement pilot programs, and Nodit has disclosed a collaboration with KSNeT to test USDC payments.

Additional information:These collaborations are currently in the pre-commercialization stage, and the scope of implementation will be affected by South Korea's Basic Law on Digital Assets.

Tip
$0
Like
1
Save
0
Views 321
HKWDB reminds readers to view blockchain rationally, stay aware of risks, and beware of virtual token issuance and speculation. All content on this site represents market information or related viewpoints only and does not constitute any form of investment advice. If you find sensitive content, please click“Report”，and we will handle it promptly。
Submit
Comment 0
Hot
Latest
No comments yet. Be the first!
Related
Solana Mainnet enables 4096-byte transactions: More space, but also brings upgrade pressure on indexers
Solana will enable v1 transaction-related functions on the mainnet Epoch on September 15th at 01:20 UTC. The maximum size of a single transaction will be increased from 1232 bytes to 4096 bytes, which is approximately 3.3 times the original size. The official upgrade page indicates that the activation is expected to occur at this time, and the mainnet status will be marked as activated. The new format provides more space for zero-knowledge proofs, large multi-signatures, batch processing, and some on-chain signature schemes, reducing the need for developers to split a single operation into multiple transactions. The existing legacy and v0 transactions will continue to function, so this is not a hard fork that requires all wallets and applications to switch immediately.
币界网
·2026-09-16 10:17:03
200
Final Launches Shannon Development Network: An "Adaptive Blockchain" Begins with Restricted Testing
The new public chain Final announced on September 15th that its first major version, Shannon, is already running on the development network. The project positions itself as an “adaptive blockchain network” and showcases a structure composed of a main chain and a transaction chain, with plans to provide core facilities such as derivatives, spot trading, and stablecoins at the protocol layer. What needs to be clarified at this point is that what has been launched is Devnet, not the mature mainnet intended for everyone. The official website states that Shannon will be open to the public “in the near future,” and the current page still provides an application access link; functions such as wallets, bridges, and documentation are also marked as upcoming.
币界网
·2026-09-16 10:15:56
181
Canadian wholesale sales rose slightly by 0.3% in July: Building materials saw strength, but actual sales decreased by 0.6%
On September 15, Statistics Canada announced that in July 2026, wholesale sales increased by 0.3% month-on-month at current prices, reaching C$91.4 billion. This figure does not include oil, petroleum products, and other hydrocarbons, nor does it include oilseeds and grains. On the surface, there was little change in sales amounts, with growth even observed in the building materials and food sectors; however, when calculated at constant prices, total sales volume decreased by 0.6%. The increase in nominal amounts while the actual quantity decreased indicates that price factors supported the data for that month, and it also serves as a reminder to the market that one positive growth figure alone should not be used to conclude that demand has strengthened.
币百科
·2026-09-16 10:14:46
45
Google Launches Engineering Center in Singapore: The Next Step for AI Competition is to Turn Research into a Deployable System
Google Cloud launched on September 15th in Singapore as Singapore Engineering Center. This is not a traditional regional sales or after-sales office. According to the company's positioning, the center will bring together professionals in AI, machine learning, data, computing, core networking, storage, and frontline support, working together with enterprises to transform basic research into deployable cloud and AI systems. It is located at the same site as Google DeepMind's first research laboratory in Southeast Asia, aiming to bring research, product engineering, and customer implementation closer together on a shorter chain of operations. Google also mentioned that the center had already been publicly announced in February of this year.
CoinMeta
·2026-09-16 10:12:25
51
Gemini Integrates seven business systems into Workspace: AI Assistant begins to compete for corporate job inflows
On September 15th, Google announced the opening of a batch of third-party connectors in Gemini, for, and Google Workspace. The initial list includes Asana, Atlassian Rovo, HubSpot, Intuit Mailchimp, Intuit QuickBooks, monday.com, and Salesforce. The connection method uses the model context protocol MCP. For ordinary users, the change is quite direct: when asking questions in the sidebars of Docs, Sheets, Slides or within Google Chat, Gemi
CoinMeta
·2026-09-16 10:10:42
46
View More
Latest from Author
Refresh
arrow
web3: KSNeT partners with Solana to test payment settlement solutions
web3: KSNeT partners with Solana to test payment settlement solutions
07-31 00:55   322peopleViews
web3: Hastra launches AUTO, an auto loan token, on Solana
web3: Hastra launches AUTO, an auto loan token, on Solana
07-30 22:56   283peopleViews
web3: MoonPay launches AI wallet PayBox, USDC rewards bring in a large number of new users.
web3: MoonPay launches AI wallet PayBox, USDC rewards bring in a large number of new users.
07-30 21:55   271peopleViews
Recommended