Deutsche Bank and NHN KCP appointed as Henkel Korea’s payment gateway service providers

Deutsche Bank, in partnership with NHN KCP, has been appointed as payment gateway service provider for Henkel Korea. This partnership will deliver advanced payment solutions to Henkel Korea, linking Deutsche Bank’s global payments network with NHN KCP’s market leading payment gateway technologies.

Under this collaboration, Deutsche Bank and NHN KCP will provide secure and efficient payment gateway services for Henkel’s B2B platform, which supports major beauty brands such as Shiseido Professional and Schwarzkopf Professional. The platform enables distributors and customers to complete transactions seamlessly through online payment options, including credit cards and bank transfers.

Hyun-Nam Park, Deutsche Bank’s Chief Country Officer for South Korea said: “This appointment reflects our expertise with providing European based, multinational companies like Henkel with localised solutions that integrate seamlessly into their operations. We are delighted to support Henkel Korea in this way and look forward to expanding this model to other multinational clients looking for secure, scalable payment solutions in Korea.”

Jun Seok Park, CEO of NHN KCP said: “This appointment reflects the strong synergy between Deutsche Bank’s global payments expertise and our leadership as Korea’s No.1 payment gateway provider. Together, we aim to support Henkel’s growth in the Korean market, expand its digital commerce capabilities, and strengthen partnerships with global beauty and consumer goods brands.”

The partnership builds on Deutsche Bank and NHN KCP’s merchant solutions framework, which provides corporates with advanced electronic payment processing, settlement, and security authentication services. Together, the two companies aim to broaden the implementation of integrated payment solutions across global merchant networks, starting with Henkel Korea.