As of March 2020, around 53.7 percent of respondents to a survey stated that they have used mobile banking services of traditional banks in South Korea since it was convenient to use. Around 29 percent used mobile banking of traditional banks because of its various benefits.
Reasons for using mobile banking services of traditional banks in South Korea in 2020
Basic Account
Get to know the platform
You only have access to basic statistics.
This statistic is not included in your account.
Starter Account
The ideal entry-level account for individual users
- Instant access to 1m statistics
- Download in XLS, PDF & PNG format
- Detailed references
$199 USD / Month *
Professional Account
Full access
Business Solutions including all features.
* Prices do not include sales tax.
Other statistics that may interest you Mobile banking in South Korea
Overview
6
- Basic Statistic Smartphone penetration as share of population in South Korea 2019-2029
- Basic Statistic Countries with the fastest average mobile internet speed 2023
- Premium Statistic Mobile network download speed experience APAC 2020 by country or region
- Premium Statistic Fintech adoption rate South Korea 2017-2019
- Premium Statistic Online banking penetration in Asia 2020, by country
- Premium Statistic Financial services usage South Korea 2018-2022, by delivery channel
Online banking
4
- Premium Statistic Mobile banking usage rate South Korea 2020-2023
- Premium Statistic Number of online banking customers South Korea 2011-2022
- Premium Statistic Online banking transaction value South Korea 2018-2022
- Premium Statistic Mobile banking customers' share in the online banking sector South Korea 2017-2022
Mobile banking
4
- Premium Statistic Mobile banking transaction value South Korea 2020-2023
- Premium Statistic Number of mobile banking transactions South Korea 2018-2022
- Premium Statistic Mobile banking transactions growth rate South Korea 2013-2022
- Premium Statistic Open banking transaction value South Korea 2019-2023
Usage
5
- Premium Statistic Number of mobile banking customers South Korea 2011-2022
- Premium Statistic Mobile banking usage rate South Korea 2023
- Premium Statistic Mobile banking usage rate South Korea 2023, by age
- Premium Statistic Number of open banking users South Korea 2020-2023
- Premium Statistic Usage rate of internet-only banks South Korea 2023
Digital banks
7
- Premium Statistic Major digital banks South Korea 2023, by loans and deposits
- Premium Statistic Number of digital bank customers South Korea 2023, by bank
- Premium Statistic Share of digital bank customers South Korea 2023, by age
- Premium Statistic Total assets Kakao Bank 2016-2023
- Premium Statistic Net income Kakao Bank 2016-2023
- Premium Statistic Total assets of K Bank 2016-2023
- Premium Statistic Net profit of K Bank 2016-2023
Consumer perspective
5
- Premium Statistic Frequency of bank visits South Korea 2021
- Premium Statistic Opinions on reducing bank branches South Korea 2021
- Premium Statistic Leading mobile banking apps South Korea 2024, by users
- Premium Statistic Customer satisfaction with mobile financial apps South Korea 2022, by app
- Premium Statistic Reasons for satisfaction with mobile banking apps South Korea 2021
Further related statistics
10
- Leading banks in the Middle East in 2023, by brand value
- Assets of all central banks globally 2002-2022
- Prepaid debit card use in U.S. households 2013-2019, by tenure
- Return on average common shareholder equity at Goldman Sachs 2009-2023
- Net interest income of Deutsche Bank 2006-2023
- Employee compensation and benefits at Deutsche Bank 2006-2022
- Net revenue from investment banking at Goldman Sachs 2009-2023
- Total assets of Banco Santander 2001-2023
- Assets of financial institutions in Hong Kong 2012-2022, by institution type
- Value of Target2 payments in Eurozone 2008-2021
Further Content: You might find this interesting as well
Statistics
- Leading banks in the Middle East in 2023, by brand value
- Assets of all central banks globally 2002-2022
- Prepaid debit card use in U.S. households 2013-2019, by tenure
- Return on average common shareholder equity at Goldman Sachs 2009-2023
- Net interest income of Deutsche Bank 2006-2023
- Employee compensation and benefits at Deutsche Bank 2006-2022
- Net revenue from investment banking at Goldman Sachs 2009-2023
- Total assets of Banco Santander 2001-2023
- Assets of financial institutions in Hong Kong 2012-2022, by institution type
- Value of Target2 payments in Eurozone 2008-2021
Bank of Korea. (December 24, 2020). Reasons for using mobile banking services of traditional banks in South Korea in 2020 [Graph]. In Statista. Retrieved June 10, 2024, from https://www.statista.com/statistics/1015817/south-korea-mobile-banking-usage-reasons/
Bank of Korea. "Reasons for using mobile banking services of traditional banks in South Korea in 2020." Chart. December 24, 2020. Statista. Accessed June 10, 2024. https://www.statista.com/statistics/1015817/south-korea-mobile-banking-usage-reasons/
Bank of Korea. (2020). Reasons for using mobile banking services of traditional banks in South Korea in 2020. Statista. Statista Inc.. Accessed: June 10, 2024. https://www.statista.com/statistics/1015817/south-korea-mobile-banking-usage-reasons/
Bank of Korea. "Reasons for Using Mobile Banking Services of Traditional Banks in South Korea in 2020." Statista, Statista Inc., 24 Dec 2020, https://www.statista.com/statistics/1015817/south-korea-mobile-banking-usage-reasons/
Bank of Korea, Reasons for using mobile banking services of traditional banks in South Korea in 2020 Statista, https://www.statista.com/statistics/1015817/south-korea-mobile-banking-usage-reasons/ (last visited June 10, 2024)
Reasons for using mobile banking services of traditional banks in South Korea in 2020 [Graph], Bank of Korea, December 24, 2020. [Online]. Available: https://www.statista.com/statistics/1015817/south-korea-mobile-banking-usage-reasons/