
Toss Place, Toss's offline payment infrastructure subsidiary, is showing fierce growth, surpassing 500,000 merchant stores nationwide.
Toss Place announced on the 20th that the number of merchant stores nationwide that have introduced its smart payment terminal, 'Toss Front', has exceeded 500,000.
The speed of merchant expansion is rapid. Following the milestone of 300,000 in March and 400,000 in June, the number has grown by nearly 200,000 stores in the past six months alone, rapidly securing its position in the offline payment market.
The core competitiveness of Toss Front lies in its convenience of integrating payment and store management functions. In addition to supporting credit cards and various simple payment methods, it can easily switch to a kiosk mode where customers can place their own orders during congested hours.
Simultaneous with payment, its own point-accumulation feature is available, making it easy to manage regular customers. The terminal screen can be used for promotional purposes by displaying images of new menus or events. Store sales can be checked in real time through the Toss app on the owner's smartphone. In fact, during the month of August alone, the number of point accumulations through Toss Front easily exceeded 6 million transactions.
Installation areas have expanded across all 17 cities and provinces nationwide. Gyeonggi Province had the highest number with about 130,000 stores, followed by Seoul (about 100,000 stores). In particular, infrastructure has been densely established beyond major downtown areas to island and eup/myeon (township) units such as Marado, Udo, Baengnyeongdo, and Ulleungdo.
By industry, restaurants accounted for the highest proportion with about 190,000 stores. It is also actively used in the beauty sector (about 60,000 stores). In addition, it is widely utilized across various offline industries such as cafes, unmanned stores, academies, fitness centers, and medical/healthcare.
A Toss Place official stated, "Achieving the milestone of 500,000 merchant stores is the result of being chosen by many business owners across the country. We will continue to steadily upgrade customized services that provide practical help to make store management even easier and more convenient."
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