In 2018, over 90 percent of digital payment transactions made in South Korea was used by credit or check card. Digital payment here, also called Simple Payment service in Korean, refers to a type of FinTech that started to grow in South Korea after the abolition of compulsory public key certificate use for online payments that happened in 2015. Consumers can make payments using simple methods of authentication, such as an SMS code or a QR code.
Share of digital payment transactions made in South Korea in 2018, by type
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Hankyung. (April 17, 2019). Share of digital payment transactions made in South Korea in 2018, by type [Graph]. In Statista. Retrieved October 11, 2024, from https://www.statista.com/statistics/1128194/south-korea-share-of-digital-payment-transactions-by-type/
Hankyung. "Share of digital payment transactions made in South Korea in 2018, by type." Chart. April 17, 2019. Statista. Accessed October 11, 2024. https://www.statista.com/statistics/1128194/south-korea-share-of-digital-payment-transactions-by-type/
Hankyung. (2019). Share of digital payment transactions made in South Korea in 2018, by type. Statista. Statista Inc.. Accessed: October 11, 2024. https://www.statista.com/statistics/1128194/south-korea-share-of-digital-payment-transactions-by-type/
Hankyung. "Share of Digital Payment Transactions Made in South Korea in 2018, by Type." Statista, Statista Inc., 17 Apr 2019, https://www.statista.com/statistics/1128194/south-korea-share-of-digital-payment-transactions-by-type/
Hankyung, Share of digital payment transactions made in South Korea in 2018, by type Statista, https://www.statista.com/statistics/1128194/south-korea-share-of-digital-payment-transactions-by-type/ (last visited October 11, 2024)
Share of digital payment transactions made in South Korea in 2018, by type [Graph], Hankyung, April 17, 2019. [Online]. Available: https://www.statista.com/statistics/1128194/south-korea-share-of-digital-payment-transactions-by-type/