According to a survey conducted in 2019, around 96.5 percent of respondents answered that they had paid with cash in the recent six months. This was followed by credit cards and check/debit cards with about 81 and 54.4 percent, respectively.
Usage rate of payment services in South Korea in 2019, by payment method
based on multi-stage stratified systematic sampling
Supplementary notes
*Mobile card refers to a financial service that allows users to conveniently pay with their mobile phone based on their credit/debit/prepaid card information saved on the smartphone memory chip or applications in advance.
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Bank of Korea. (March 10, 2020). Usage rate of payment services in South Korea in 2019, by payment method [Graph]. In Statista. Retrieved November 13, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/828998/south-korea-payment-service-usage-by-method/
Bank of Korea. "Usage rate of payment services in South Korea in 2019, by payment method." Chart. March 10, 2020. Statista. Accessed November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/828998/south-korea-payment-service-usage-by-method/
Bank of Korea. (2020). Usage rate of payment services in South Korea in 2019, by payment method. Statista. Statista Inc.. Accessed: November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/828998/south-korea-payment-service-usage-by-method/
Bank of Korea. "Usage Rate of Payment Services in South Korea in 2019, by Payment Method." Statista, Statista Inc., 10 Mar 2020, https://www-statista-com.ezproxy.canberra.edu.au/statistics/828998/south-korea-payment-service-usage-by-method/
Bank of Korea, Usage rate of payment services in South Korea in 2019, by payment method Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/828998/south-korea-payment-service-usage-by-method/ (last visited November 13, 2024)
Usage rate of payment services in South Korea in 2019, by payment method [Graph], Bank of Korea, March 10, 2020. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/828998/south-korea-payment-service-usage-by-method/
