Naver, Toss Clash Over Search and Payment Systems

Naver requested a police investigation into Toss over a referral program that allegedly distorts search results, while Toss plans to file a complaint with the KFTC, claiming Naver did not connect its TossPos POS system to Place Plus. The dispute concerns offline payments worth 652 trillion won annually.

• Naver reported Toss to police over a reward of ~5 won per search
• Toss says 150,000 merchants with TossPos are not in Naver search
• Naver plans to grow offline payments to 130 trillion won in five years
• Toss Place posted an 80.1 billion won loss but reached 400,000 locations