XIGEIST Partners with NHN KCP to Offer Credit Card Payments for Modular Housing
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Homebuyers can now finance modular home purchases with credit cards, unlocking new payment options and easing financial burdens.
NHN KCP announced a partnership with XIGEIST, a modular housing subsidiary of GS E & C, to integrate credit card payment options for home purchases.The collaboration aims to provide consumers with greater financial adaptability when investing in modular homes.
Under this agreement, individuals purchasing Ziggast’s modular housing will have the option to pay via credit card, supplementing the existing cash payment method. This will alleviate funding pressures and enable access to benefits such as interest-free installment plans and cashback rewards.
XIGEIST, established by GS E & C in 2020, focuses on producing eco-amiable modular homes in a factory setting. The company’s sales increased from 1.4 billion won in 2023 to 14.9 billion won in 2024,and it is expanding its operations to include B2G (business-to-government) ventures with public institutions,in addition to its B2B (business-to-business) and B2C (business-to-consumer) activities.
Payment Solutions Optimized for Modular Housing
NHN KCP, a leading electronic payment service provider in South Korea, will provide payment solutions tailored for ziggist, leveraging its extensive experience and technology accumulated over two decades. this partnership allows NHN KCP to expand its services into the housing payment sector, offering customized and secure payment environments. The companies plan to collaborate on advancing the payment system and broadening the service area.
“We have been able to respond to new payment demands with Zygas in the modular housing sector, a future residential space.”
An official of NHN KCP stated, “We have been able to respond to new payment demands with Zygas in the modular housing sector, a future residential space.”
NHN KCP’s Expanding services
NHN KCP offers a extensive online commerce infrastructure, including simple payment, settlement, and security solutions. In the first quarter of this year, the company reported 11.8 trillion won in transaction volume and 281.1 billion won in consolidated sales. NHN KCP continues to expand its services, including B2B and trade payment options.
Frequently Asked Questions
- What is modular housing?
- Modular housing involves constructing homes in a factory setting in individual modules, which are then transported and assembled on-site.
- What are the benefits of modular housing?
- Benefits include faster construction times, reduced waste, improved quality control, and cost-effectiveness.
- Who is XIGEIST?
- XIGEIST is a modular housing subsidiary of GS E & C, focusing on eco-friendly and high-quality modular home production.
- What is NHN KCP’s role in this partnership?
- NHN KCP provides payment solutions,including credit card processing,to facilitate easier and more flexible payment options for modular home buyers.
