How to join Eximbay - Non businesses (Individuals)

Business owners and even non-business individuals can sign up for PG as long as they meet the review requirements. Domestic and overseas credit card payments are available, and it will take about 7 business days for the PG to be ready for use.

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, Diners, Discover, Unionpay)


Service Application Process


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

Eximbay Service Contract Application

Submitting a review request to b.stage

Approval from b.stage

Card Company Review Preparation Card Company Review Request and Approval Complete



  • Fill out all information in [SETTINGS > Basic Information].
  • Carefully check and complete the contents of [SETTINGS > Terms and Conditions], including Sales Operation Policy.
  • Enter the business information in [SETTINGS > Design Settings > Footer].
  • Among the Terms and Conditions of [SETTINGS > Design Settings > Footer], [Terms and Conditions], [Privacy Policy] and [Youth Protection Policy] must be completed.



  • Click the Eximbay link and fill out the application.
    • If you go to the [Inspection] stage, Eximbay will send you an e-contract through the email address of the person in charge.
    • Attach a copy of the bank details for settlement.
    • Please register for guarantee insurance.
      • Guarantee insurance subscription fee: KRW 10 million (amount might be different depending on the sales volume)
      • Warranty insurance subscription date: The date of application submitted
      • Apply for guarantee insurance 



  • Go to [SETTINGS > Shop Settings] and click the [Set Up Shop] button.
  • SHOP Name
    • Please name your SHOP.
    • You'll need to name your SHOP before adjusting shopping settings.
    • Please click the "Edit" button to add additional languages.
  • Currency
    • Set the standard currency and supported currency. Once SHOP is created, currency cannot be changed or deleted.
    • If you change the currency before SHOP is created, the previous information (payment method/exchange rate/points) will be reset.
      • Standard Currency: Standard currency is the currency defines which prices are entered and exchange rates.
      • Supported Currency: Choose customer support currency. (Standard currency is mandatory.)
    • The following currencies are available in the current b.stage, select the one you prefer: KRW, JPY and USD.
  • Set Payment Method
    • Select ‘Eximbay’ as the PG company and fill out the required fields in both Digital and Physical sections.
    • Enter the [Payment method] (ex. Credit card) for one-time and recurring payments.
    • Please select only the currencies you have contracts for. Currencies cannot be changed once the SHOP is open. Therefore, those who intend to proceed with global sales should select both KRW, JPY and USD.
    • Enter the MID and Secret Key that you received from Eximbay.
      • If you enter the incorrect value, there will be issues during settlement, hence, please make sure to enter the correct value.
  • Set Exchange Rate
    • We currently support only manual exchange rates. Please enter the rates manually.
    • You can reduce the difference in exchange rates by setting rates manually or giving each product a fixed price.
  • Set Points
    • Please think carefully about whether you would like your SHOP to use points or not. Settings cannot be changed after your SHOP has opened.
  • Consent Items
    • Please review the items that require member's consent upon payment. (Information on collecting and using personal information & Terms and conditions of payment service)
  • Request a Review
    • When all settings are complete, click [Request a Review].
    • Once your SHOP is open, you will no longer be able to adjust certain settings, so please check everything carefully and request a review. b.stage admins are available to help with any issues you may have with your shopping settings.



  • b.stage will conduct an internal review. This might take up to 5 business days.
  • When b.stage finishes the review, the approval details will be sent to the email address of the admin account who requested it.



    • Go to [SETTINGS > Shop Settings] and following the steps below:
      • Change the SHOP to "Public".
      • Change the "Sponsorships" to "Don't use" during the card company review.
      • Read the "Terms and conditions of payment service" and edit it according to your operational policy.
    • Go to [PRODUCTS > Digital Vouchers & Tickets] to register the voucher that must be reviewed.
      • There must be both one-time and recurring payments vouchers to be reviewed. Please register 1 Subscription Voucher and 1 Limited-time Voucher, respectively.
      • You must enter all details as actual sales information, including the price, descriptions and cancellation and refund policies.
      • For the voucher name, please use "Recurring payment voucher" for Subscription Voucher and "1-month voucher" for Limited-time Voucher.
    • Go to [CONTENT > Posts / Videos / Story] and add 5 Paid Contents.
      • Click [Add > Select whether Uploaded video or Paid post], then click on the [Connect a membership / voucher / ticket] at the top right.
      • Clearly indicate that the paid content by entering [Paid] at the beginning of the title.
      • Behind cuts (videos and photos) and behind stories are recommended for Paid Content.
      • Please select "Publish now" as a visibility status.
    • Please register 2 Physical Products via PRODUCTS > Physical Products.
      • The visibility has to be [Publish now].
      • All details must be entered the same as actual physical product that you will register later.



  • When all product settings are ready for the card company review, please submit a request to Eximbay.
  • You might be asked to supplement the b.stage if it does not meet the pre-requisite of card company review.
  • The card company review takes about 2-3 weeks.



  • Completed.


Eximbay Fee Information

Sales Products Eligibility Supported Countries for Payment Payment Method Payment Method Payment Method Details Payment Fees b.stage Service Fees
Digital Content

South Korean

Non Businesses (Individual)

Domestic Payments

One-time Payments Card Payment

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

3.5% 7%
Recurring Payments Card Payment Domestic Credit Cards (Hyundai Card, Samsung Card, Shinhan Card, Nonghyup Card, BC Card, Hana Card, Lotte Card, KB Card) 3.5%

Overseas Payments

One-time Payments Card Payment

Overseas Credit Cards

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

Recurring Payments Card Payment

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



Precautions for PG Registration

  • Before signing up for the service, please check if all the settings are completed and that you have all the necessary documents to submit when requested.
  • 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 listed below.
    • If you are conducting business in an industry where credit cards cannot be used, you will not be able to sign up. Please make sure to double-check it.
  • The billing name after payment will be sent as bemyfriends Co., Ltd. instead of your b.stage business name.
  • Although the payment services are available immediately after the PG registration, settlements will be calculated after the attachment of electronic contract and the copy of bank details.


  • If you sign up for a PG as a non-business, you will not be able to issue cash receipts and tax invoices. Also, there will be restrictions as follows:
    • 1-time approval limit: KRW 500,000 won
    • Up to 24 million won annually (maximum of 2 million won per month)
    • Installment payments cannot be made. Lump-sum payments only.
    • Settlement cycle: Monthly settlements for payments in both Korea and overseas (M+15)
  • If you are willing to sell products continuously, you must proceed with business registration and report as a telemarketing business. Otherwise, one may be subject to the following disadvantages:
    • Non-registration penalty of 1% (for simplified taxable person, 0.5% of the proceeds from supply) of the supply price for transactions that occurred without business registration.
    • If a business runs without registration, one will not be able to get deductions on the input tax.
  • Additional penalty tax on non-filing or incorrect filing as well as the penalty tax from unfaithful payment for transactions, which the VAT was not reported due to non-registration of the business.
    • Penalty tax on non-filing or incorrect filing: In cases of non-filing or underreporting, one must pay the penalty of 10% of the tax amount that was not reported.
    • Penalty tax for unfaithful payment: In cases of payment failure or underpayment, one must pay the penalty of 0.03% per day (10.95% annually) of the tax amount that was unpaid or underpaid.
  • Additional penalty tax on non-filing or incorrect filing if income taxes are not reported and the penalty tax from unfaithful payment (additional resident tax of 10%)
    • Penalty tax on non-filing or incorrect filing: Must pay a penalty of 20% for the proportion of non-filed or underreported amount from the calculated tax amount.
    • Penalty tax for unfaithful payment: In cases of payment failure or underpayment, one must pay the penalty of 0.03% per day (10.95% annually) of the tax amount that was unpaid or underpaid.
  • In addition to the above, one may be subject to punishment in accordance with relevant laws, such as the Punishment of Tax Offenses Act.


Industries where credit cards are not accepted

  • Adult content and services
    • Adult pornography (Adult comics, etc.), Adult websites (Adult content), Adult entertainment recruitment, lottery number generation services, matchmaking (Relationship consultations) and in-person meeting services
  • 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 (KRW 500,000 won or more). Charging (more than KRW 100,000 won) 
  • 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 excluding 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 (KRW 500,000 or more)
  • Expensive goods
    • Jewelry, antiques, artworks (KRW 2 million won or more), pure gold/silver, gold bars, diamonds, watches (KRW 10 million won or more), and others (KRW 5 million won or more), second-hand cars, motorcycles
  • Others
    • Prescription glasses, contact lenses, rice grains (rice, etc.), items with a high potential for civil complaints, adoption and sale of living animals (KRW 10,000 won or more) and information provision, credit card terminals, internet shopping sales, e-passport procedures (ESTA), etc.


Eximbay Customer Service