ONE store Payments

Exchange Rate

• The exchange rate applied is based on the 1st day of the following month after the sales month. (Based on the Seoul Foreign Exchange Brokerage announced rate. If the 1st falls on a holiday, the previous business day’s exchange rate is applied.)

Currency

• Sales Status

  • Sales records are displayed in the local currency of the country/region where the sales occurred.

• Settlement Status / Transfer Details

  • The service provider differs by country/region, which affects the currency unit used.

  Service Countries/Regions	Service Provider	Developer	Settlement Currency	Transfer Currency
  South Korea	ONE store	Developer(South Korea)	KRW	KRW
  		Developer(other than South Korea)	KRW	USD
  Singapore/Taiwan	ONE store	Developer(South Korea)	KRW	KRW
  		Developer(other than South Korea)	USD	USD
  United States	DT One APP Store	All Developers	USD	USD

Tax

• Agent Model

  • Developers are responsible for VAT payments, but depending on the tax laws of each country/region, the service provider might have to cover VAT payments on their behalf.

  • The responsible party for all taxes and tax payment obligations incurred during the settlement process varies by country/region.

  • The service provider determines the developer’s residency status based on the “Tax ID” entered by the developer in the ONE store Developer Center Membership Information, and the responsible party for the payment is determined accordingly.

  • The developer is responsible for any issues caused by incorrect Tax ID input or any other errors.

  • For more details, please check the “Tax Information by Country/Region” menu.

Proof of Settlement Documents

• Documents for sales occurring in South Korea and other than South Korea are issued separately. The form of documents may vary by country/region.

  Service Countries/Regions	Service Provider	Developer	Documents Type
  South Korea	ONE store	Developer(South Korea)	Tax Invoice
  		Developer(other than South Korea)	Invoice
  Singapore/Taiwan	ONE store	Developer(South Korea)	Tax Invoice
  		Developer(other than South Korea)	Invoice
  United States	DT One APP Store	All Developers	Invoice

Transfer

• The transfer process differs depending on the service provider.

  Service Provider	Developer	Transfer Schedule
  ONE store	Developer(South Korea)	Settlement payments for the previous month’s sales are transferred at the end of each month. Sales in South Korea and other than South Korea are transferred separately.
  	Developer(other than South Korea)	Settlement payments for the previous month’s sales are transferred around the 10th of the following month. Sales in South Korea and other than South Korea are transferred separately. A transfer request can be made only if the accumulated amount for each transfer exceeds $100. Requests can be submitted through the [Request Transfer] button, which appears in the Settlement Status menu between the 15th and 25th of each month. ONE store covers the transfer fee, but any additional fees are the developer’s responsibility.
  DT One APP Store	All Developers	Settlement for sales generated in the United States is processed through Tipalti. Developers can sign up for Tipalti via ONE store Developer Center > Membership Information > Tax Information. For more details, please refer to "here".