Main reasons for e-payment usage among respondents in South Korea 2022, by age
According to a survey by Rakuten Insight on e-payment usage in South Korea in 2022, most of the South Korean respondents across all age groups chose convenience as the top reason for using e-payment services. Almost 85 percent of people aged 24 to 34 chose this reason, while even among elderly over 55 years old, over 78.6 percent chose the same reason. The second favorite was that by using e-payment methods, people didn't need to carry much cash or cards with them.
