Jibup Pay Launches Card Payments for Rent, Revolutionizing Payments

An innovative solution has emerged for young people and single-person households struggling with soaring monthly rent burdens. DevD's 'ZipUp Pay' service is presenting a new paradigm in housing cost management by allowing users to pay rent...

Feb 10, 2025 - 00:00
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An innovative solution has emerged for young people and single-person households struggling with soaring monthly rent burdens. DevD's 'ZipUp Pay' service is presenting a new paradigm in housing cost management by allowing users to pay rent with a credit card and freely adjust the payment due date. The core of ZipUp Pay is a 'safe and convenient' payment environment. Through partnerships with highly reliable PG companies and DevD's own robust security system, it guarantees transparent and secure transactions, while real-time monitoring fundamentally blocks abnormal transactions. In particular, the convenience of immediate use without the landlord's separate consent significantly reduces the hassle of monthly rent payments. Furthermore, the industry-low fee rate of 2.8% (reducible to a maximum of 2.3% when discount coupons are applied) demonstrates DevD's efforts to minimize users' economic burden. The most notable advantage is the 'flexible payment schedule.' Users can pay their rent on their desired date, matching their payday or personal fund management patterns. This reduces the burden of delayed rent payments due to unexpected expenses for freelancers or young people with irregular incomes, enabling more systematic fund management. DevD CEO Kim Ki-tae stated his aspiration: "Through ZipUp Pay, we aim to provide flexibility in fund management for young people and single-person households, and further continuously contribute to alleviating housing cost burdens." ZipUp Pay is expanding beyond a simple rent payment service to a comprehensive housing lifestyle platform as part of the 'ZipUp' app, which covers all aspects of single-person household living, including moving, cleaning, and home repairs. Last year's revenue growth of over 200%, the acquisition of over 30,000 app users, the establishment of a foundation for expanding youth-tailored financial services through a business agreement with Hana Bank, and the winning of the Minister of Interior and Safety Award at the '2024 Korea Urban and Regional Innovation Industry Expo' clearly demonstrate DevD's innovation, stability, and market potential. ZipUp Pay will establish itself as an important service that brings innovation to monthly rent payment methods and positive changes to the lives of young people.

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