[By NBC-1TV H. J Yook]Magento(www.MagentoCommerce.com), the world’s most rapidly growing open source electronic transactional solution, has been released with a pure Korean type electronic payment system.

Recording more than 11 million cases of downloads and gaining attention throughout the whole world, Magento solution actually is loaded with a global payment solution.

However, Magento hasn’t been supporting credit card payment based on KRW, Korean type bank transfer, or any mobile payment services until recently.

As a global electronic payment service, PayGate (www.paygate.net) has been working on the interlocking of Korean electronic payment solution with Magento since 2011, announced the completion of the first version at the end of August.

According to the CTO Lee, Dong San of the PayGate’s R&D Centre, he is aiming to a level, on which any merchant using Magento will be able to use the global service without worries by linking additional payment solutions from China and Japan retained by PayGate.

His explanation goes as, “Our web standard payment infrastructure will enhance Magento’s solution even further.”