Characteristics of cashing out micropayments

We will explain in detail the advantages of cashing in micropayments, where you can get cash within 5 minutes with just a smartphone or mobile phone. The method of cashing out micropayments was often used by people who needed money urgently or those with bad credit because they could get cash right away without a complicated screening process or credit rating evaluation like a mobile phone microloan.

However, in recent years, the method of cashing out 소액결제 현금화 방법 has become almost common due to the simplicity and convenience. Let’s summarize what micropayment cashization is, its features and advantages in an easy-to-understand manner.

If you have a mobile phone in your name and you are not in a state of suspension due to excessive unpaid amounts, anyone can easily convert it into cash, and the payment amount is included (totaled) in the communication fee for the following month.

The amount that can be converted into cash is different for each telecommunication company, but it is generally limited to a maximum of 1 million won, and a 20-30% fee is deducted in the process of cashing out to a business operator.

If you cash out the information usage fee, you can cash out a larger amount in addition to the telecommunication company’s micropayment limit, but keep in mind that more fees are deducted.

In this article, I have summarized the features and pros and cons of the micropayment cashization method for the general public to understand. I hope it will be a good reference for those who are not familiar with it. Thanks for reading this long post.

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