In 2023, the number of daily mobile easy payment transactions in South Korea reached 27.4 million, which was a significant increase from the previous year. In 2016, there were only two million daily mobile payment transactions, but this number has since increased by more than 13 times.
Average daily number of mobile easy payment transactions made in South Korea from 2016 to 2023
(in millions)
Mobile easy payment refers to a payment method carried out via mobile devices on which the credit or debit card data is stored. Users register their cards with the mobile payment service provider, which enables them to make online and offline payments using just a passcode or fingerprint scan, bypassing the authentication process previously required.
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Bank of Korea. (March 18, 2024). Average daily number of mobile easy payment transactions made in South Korea from 2016 to 2023 (in millions) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1015526/south-korea-m-payment-transactions-daily-number/
Bank of Korea. "Average daily number of mobile easy payment transactions made in South Korea from 2016 to 2023 (in millions)." Chart. March 18, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1015526/south-korea-m-payment-transactions-daily-number/
Bank of Korea. (2024). Average daily number of mobile easy payment transactions made in South Korea from 2016 to 2023 (in millions). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1015526/south-korea-m-payment-transactions-daily-number/
Bank of Korea. "Average Daily Number of Mobile Easy Payment Transactions Made in South Korea from 2016 to 2023 (in Millions)." Statista, Statista Inc., 18 Mar 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1015526/south-korea-m-payment-transactions-daily-number/
Bank of Korea, Average daily number of mobile easy payment transactions made in South Korea from 2016 to 2023 (in millions) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1015526/south-korea-m-payment-transactions-daily-number/ (last visited November 10, 2024)
Average daily number of mobile easy payment transactions made in South Korea from 2016 to 2023 (in millions) [Graph], Bank of Korea, March 18, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1015526/south-korea-m-payment-transactions-daily-number/
