Quick take:
The partnership expands Chiliz’s presence in South Korea after recently partnering with K League.
The company provides a blockchain infrastructure solution for sports teams enabling them to improve engagement with their fans.
Naver Pay is using the partnership as part of its global expansion campaign as it looks to integrate “cutting-edge Web3 technologies.”
South Korean payments giant, Naver Pay has announced a partnership with blockchain-based fan engagement solutions provider Chiliz. The two companies will collaborate on exclusive ticketing and payment services alongside hosting fan events.
Chiliz is one of the leading providers of fan engagement solutions for sports teams. The company recently announced a partnership with South Korea’s K League, expanding its global network of fan sports fan token offerings.
Chiliz has partnered with some of the biggest sports teams in the world including Tottenham Hotspurs, FC Barcelona, Paris Saint-Germain, and Manchester City. Its recent partnership with K League and French Ligue 1 extends its offering beyond single teams to entire leagues.
On the other hand, Naver Pay boasts 33 million registered users with 18 million daily users, which it believes presents “a compelling solution for businesses seeking to streamline payments and enhance customer engagement via rewards.”
According to a press release shared with NFTgarors, Naver Pay is using the partnership as part of its global expansion campaign as it looks to integrate “cutting-edge Web3 technologies.”
Commenting on the announcement, Park Sang-jin, CEO of Naver Pay said in a statement: “This partnership with Chiliz marks a significant milestone in our journey towards integrating cutting-edge web3 technologies as part of our global expansion. Together, we aim to transform the way our users engage with sports and entertainment, enhancing their experiences with innovative solutions tailored to their passions.”
Alexandre Dreyfus, CEO of Chiliz commented: “South Korea is a very important market for us due to the maturity of both its sports and crypto sectors. We’re excited to partner with Naver Pay to introduce unique experiences that leverage the power of blockchain and bring value to the sporting community.”
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The post Naver Pay and Chiliz Partner to Launch Exclusive Ticketing and Payment Services appeared first on NFTgators .