What payment gateway configuration is *essentialfor a Naver Smart Store to comply with Korean e-commerce regulations?

The essential payment gateway configuration for a Naver Smart Store to comply with Korean e-commerce regulations is integrating a secure payment system that supports Korean Won (KRW) transactions and complies with the Act on Consumer Protection in Electronic Commerce, Etc. This includes providing customers with various payment options commonly used in Korea, such as credit cards from major Korean banks (e.g., Shinhan, KB Kookmin, Hana), real-time bank transfers, and payment through mobile carriers. Furthermore, the payment gateway must implement robust security measures to protect customer financial information, including data encryption and compliance with Payment Card Industry Data Security Standard (PCI DSS) requirements. Offering options for escrow services (like those provided by Naver Pay) is also critical, as these services hold payments until the customer confirms satisfactory receipt of the goods, offering an additional layer of consumer protection mandated by Korean law. Failing to integrate a payment gateway that meets these requirements would result in non-compliance with Korean e-commerce regulations, potentially leading to legal penalties and damage to the Smart Store's reputation.