[Sales for Digital Contents] How to join Eximbay - Business/Corporation
  • 27 Apr 2022
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[Sales for Digital Contents] How to join Eximbay - Business/Corporation

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If you meet the review requirements, you may register for the PG through PayPal. You may accept payments through Payment immediately after connecting b.stage without a separate review. However, please note that PayPal may conduct random reviews in the future, and you may not be able to receive payments if you do not pass the review.

▶ Documents that must be submitted to Eximbay

  • Corporations: Copy of register, business registration certificate, copy of settlement account, contract
  • Business owner: Business registration certificate, copy of settlement account, contract
  • Surety insurance registration

▶ Payment methods offered

  • Domestic credit cards (Hyundai Card, Samsung Card, Shinhan Card, Nonghyup Card, BC Card, Hana Card, Lotte Card, KB Card)
  • Overseas credit cards (Visa, Mastercard, JCB, Amex, Diners, Discover, Unionpay)

▶ Application Method

  • Business owners and corporations can choose between quick open service and general open service.
  • If you choose quick open service, you will be able to sell your products much faster. However, there may be changes to the settlement and fees until the contract is officially established, so please check all the details before proceeding.


1day open service General open Service
Time requeiredAble to sell products in up to 7 days        2-3 business weeks
MethodProducts are sold while the card company review is in progressThe card company review is completed first, and products can be sold thereafter
BenefitsProducts can be sold within a short period of time for faster monetization

The shop can be opened safely without future risks after passing the card company review

Precautions    
  • If you do not pass the review, you may not be able to sell products
  • Until you pass the card company review, the sales fees will be charged based on "general"" standards regardless of whether you are a small business, hence you may not receive fee benefits
  • Until you pass the card company review, bemyfriends Co., Ltd. will be shown as the billing name for domestic payments, and Eximbay will be shown for overseas payments.         

▶ Service Application Process

STEP1 STEP2STEP3STEP4STEP5STEP6STEP7

Basic Settings Legal / Terms of Service Operational Policy Settings in b.stage

Eximbay Service Contract Application

Shopping settings review request  to b.stage

Shopping settings review approval from b.stage

Card Company Review PreparationCard Company Review Request and ApprovalComplete

STEP1 : 

  • Go to [SETTINGS > Basic Settings] on b.stage and fill out all information.
  • Read through [SETTINGS > Legal/Terms of Service] on b.stage in detail, and fill out the product sales operational policy.
  • Enter the business information in [SETTINGS > Homepage Settings] on b.stage.
    • You must submit a telemarketing sales report in order to establish a PG contract. 
    • When entering a customer service center phone number, you may not enter a mobile phone number.
  • Under the terms of service in [SETTINGS > Homepage Settings] in b.stage, you are required to enter the [Member Terms of Use], [Privacy Policy], and [Youth Protection Policy].

  STEP2 :

  • Click the Eximbay linkand fill out the application.
    • Attach a copy of your settlement account bankbook according to the process.
    •  When signing up for the service, choose between "General Open" and "1-day Open" in "Description of products and services offered on the site" in the 3rd step. (Ex: "I will proceed with the 1-day open option." or "I will proceed with the general open option." )
    • Once you sign up, request Eximbay for a review and registration fee payment. (The registration fee exemption event is currently in progress. Log in to Eximbay and pay the initial cost at the bottom of the page. )
    • When it moves onto the "Reviewing" step, Eximbay will send an electronic contract to the administrator's e-mail.
    • Upon signing the electronic contract, pl.ease attach the required documents (Business registration certificate, copy of corporate name register (only for corporations), copy of KRW settlement bank account)
    • Please refer to the link for how to proceed with the electronic contract.
    • After registering for the surety insurance that is requested by Eximbay, submit the insurance documents. (You may sign up after registering for PG. Eximbay will provide more information on this step later on.) If you do not receive further information, please contact Eximbay's customer service center.
      • Surety Insurance Coverage Amount: 10 million won (You may be asked to increase this amount depending on sales volume)
      • Surety Insurance Registration Date: Eximbay service registration date
      • Register for surety insurance: Link


STEP3:

  • Go to [SETTINGS > Shopping Settings] on b.stage and click the [Next] button below "I already signed the contract".
  • Set the SHOP name that will be shown to members and click the [Next] button.
  • [[EXIMBAY] Set the payment method and currency.] Fill out the required fields in the step.
    • Enter the payment method (ex: credit card or easy payment) for one-time payments and recurring payments.
    • You cannot change the payment currency settings, so those who intend on making global sales should select both KRW and USD from the start.

Process differs for each service1day open service General open service
Enter the MID and secret key that you received from Eximbay for one-time payments and recurring payments respectively. 

Please contact b.stage customer service center to enter the MID and secret key for the card company review for one-time payments and recurring payments.          

  • b.stage customer service center: support@bstage.in
  • E-mail subject: Requesting information for PG setup general open service
  • After setting up the exchange rate, which will become the standard for global sales, click the [Next] button.
  • If you will be using points in the future, click [Use Points] and fill out the required fields.
  • You may change the name of the points, units, and default earnings rate later, but you will not be able to change the points expiration period, so please choose wisely.When all settings are complete, click [Request a Review].

STEP4:

  • b.stage will conduct a review.
  • Reviews take up to 5 business days.
  • When b.stage finishes the review, the review approval details will be sent to the e-mail of the administrator who requested the review.


STEP5: 

  • Go to [SETTINGS > Shopping Settings] on b.stage and following the steps below.
    • Change the SHOP to "public".
    • Change the sponsorships setting to "Not in use" during the card company review.
    • Read the "Payment Service Terms of Use" and write the operational policy in the same way.
  • Go to [SHOP > Digital Vouchers] on b.stage and register the voucher that must be reviewed.
    • There must be information on recurring payments and one-time payments for the card company review. Please register 1 subscription voucher and 1 limited-time voucher accordingly.
    • You must enter actual sales information for all information.  Please write accurate information for all required fields, including the price, content usage period, content description, cancellation and refund policies.
    • For the product names, please write "recurring payment voucher" for subscription vouchers and "1-month voucher" for limited-time vouchers.
  • Go to [CONTENTS > Content] on b.stage and register 5 paid content.
    • Go to [CONTENTS > Content > Add > Click on Paid Posts and Videos], then enter the content and click "Connect digital voucher (Required)" at the top right.
    • Clearly indicate that the paid contact is [Paid] at the beginning of the title.
    • Behind cuts (videos or photos) and behind stories are recommended for paid content.
    • Please make paid products public immediately.


STEP6:

  • When all product settings are ready for the card company review, request the card company review from Eximbay.
  • Eximbay Customer Service 1:1 Bulletin Board
    • When contacting Eximbay, please notify them that the partner company is "b.stage".
  • After Eximbay reviews the site, if you do not meet the card company review requirements, you may be asked to supplement the site.
  • The card company review takes about 2-3 weeks.


Process differs for each service


1day open serviceGerneral open service
Starting from when the card company review is completed, you will be charged franchise fees.      
  • When Eximbay completes the card company review with no issues, you will receive the reviewed MID and secret key via e-mail.            
  • Go to [SETTINGS > Shopping Settings > Payment Methods > Eximbay] on b.stage, and enter the final MID and secret key that you received from Eximbay for one-time payments and recurring payments, respectively.            
  • If you enter the incorrect value, there will be issues during settlement, so please make sure to enter the correct values.        

STEP 7:

  • All steps were completed.

▶ Eximbay Fee Information

Sales ProductsEligibilitySupported Countries for PaymentPayment MethodPayment MethodPayment Method DetailsPayment Feesb.stage Service Fees
Digital Content

South Korean

Businesses and Corporations


Domestic Payments

One-time PaymentsCard Payment

Domestic Credit Cards (Hyundai Card, Samsung Card, Shinhan Card, Nonghyup Card, BC Card, Hana Card, Lotte Card, KB Card)

3.45%7%
Easy Payment

Kakao, Payco, Toss, Naver pay

3.45%
Recurring PaymentsCard PaymentDomestic Credit Cards (Hyundai Card, Samsung Card, Shinhan Card, Nonghyup Card, BC Card, Hana Card, Lotte Card, KB Card)3.45%

Overseas Payments

One-time PaymentsCard Payment

Overseas Credit Cards

(Visa/Master/JCB/Amex/Diners/Discover (3DS service no available for Diners/Discover)

4.5%
Card Payment

Overseas Credit Cards (Unionpay)

4%
Recurring PaymentsCard Payment

Overseas Credit Cards (Visa/Master/JCB/Amex/Unionpay/Diners/Discover 

4.5%

▶ Small Business Franchise

Sales ProductsEligibilitySupported Countries for PaymentPayment MethodPayment MethodPayment Method Details    CategoryAnnual RevenuePayment Feesb.stage Service Fees

Digital Content

South Korean

Small Business Franchise



Domestic Payments


One-time PaymentsCard Payment

Domestic Credit Cards (Hyundai Card, Samsung Card, Shinhan Card, Nonghyup Card, BC Card, Hana Card, Lotte Card, KB Card)

Small Franchise300 million won or less1.6%7%
Mid-sized FranchiseOver 300 million won to 500 million won or less2.2%
Over 500 million won to 1 billion won or less2.3%
Over 1 billion won to 3 billion won or less2.6%
Easy PaymentKakao, Payco, Toss, NaverpayN/AN/AN/A
Recurring PaymentsCard PaymentDomestic Credit Cards (Hyundai Card, Samsung Card, Shinhan Card, Nonghyup Card, BC Card, Hana Card, Lotte Card, KB Card)Small Franchise300 million won or less1.6%
Mid-sized FranchiseOver 300 million won to 500 million won or less2.2%
Over 500 million won to 1 billion won or less2.3%
Over 1 billion won to 3 billion won or less2.6%
Overseas PaymentsOne-time PaymentsCard Payment

Overseas Credit Cards ( Visa, Master, JCB, Amex, Unionpay)

N/AN/AN/A
Recurring PaymentsCard PaymentOverseas Credit Cards ( Visa, Master, JCB, Amex, Unionpay)N/AN/AN/A


▶ Precautions for Business/Corporation PG Registration

[General]

  • Before signing up for the service, please check if all the settings are complete and that you have all the necessary documents so that your b.stage can undergo a card company review.
  • If you do not satisfy the following conditions or if a test product is registered, you may be disqualified during the card company review.
  • The PG review may be denied depending on the industry or content type below.
  • If you are doing business in an industry where credit cards cannot be used, you will not be able to sign up. Please make sure to check the industry before registering. 
  • After completing the card company review, the settlement period is 1 week for Korean payments and 3 weeks for overseas payments.


[1-day Open]

  • For 1-day open service, until you pass the card company review, bemyfriends Co., Ltd. will be shown as the billing name for domestic payments, and Eximbay will be shown for overseas payments.
  • Although payment services are available immediately after PG registration, settlements will be calculated after the attachment of the electronic contract (consent to terms of service) and bankbook copy.
  • If you do not pass the card company review, you may not be able to sell products.
  • Until you pass the card company review, the sales fees will be charged based on "general" standards regardless of whether you are a small business, hence you may not receive fee benefits.

▶ Industries where credit cards are not accepted

  • Adult content and services
    • Adult pornography (including adult comics, therefore not eligible for credit card use), adult websites (adult content), adult entertainment recruitment, lottery number generation services, matchmaking (relationship consultations), in-person meeting services
  • Adult products
    • Adult products (excluding condoms, pheromone perfume, gels), adult lingerie, alcoholic drinks (excluding traditional liquor), cigarettes, electronic cigarettes (including liquids and supplies)
  • Gambling and fortune-telling services, etc.
    • Speculative games, game items, chats, auctions, bidding, horse racing, cycle racing, and other gambling-related services, talisman/divination/naming, horoscope, fortune-telling (500,000 won or more), charging (more than 100,000)
  • Hazardous items
    • Toy guns (review can only be conducted if information that only KC-certified toys are being sold on the website), guns, swords, weapons (except toys), industries that require trade restrictions according to social norms (drugs, etc.), military uniforms and military equipment (military supplies)
  • Financial products, gift certificates, etc.
    • Loan consultations, lottery tickets, prepaid cards (including USIM), Bitcoins, cryptocurrency-related products, cyber money, gift certificates, point cards, phone cards (including USIM), discount cards, mobile phone subscription services, insurance with recurring payments, stock information provision, investment (funding), condominium memberships, coupons (social), funding, Herbalife, offering/donations/religious donations, multi-level marketing, membership fees, alumni fees, participation fees (500,000 won or more)
  • Expensive goods
    • Jewelry, antiques, artworks (2 million won or more), pure gold, pure silver, gold bars, diamonds, watches (10 million won or more), and other expensive goods (5 million won or more), used cars, motorcycles
  • Others
    • Multi-level marketing, prescription glasses, contact lenses, rice grain dealing (rice, etc.), items with a high potential for civil complaints, adoption and sale of living animals (10,000 won or more) and information provision, credit card terminals, internet shopping sales, e-passport procedures (ESTA), etc.

▶ Eximbay Customer Service Information

  • Eximbay Customer Service 1:1 Bulletin Board
    • When contacting Eximbay, please notify them that the partner company is "b.stage".




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