In 2022, online and mobile banking was the most commonly used channel for financial services offered by banks in South Korea, with a usage rate of nearly 78 percent. While the share of online and mobile banking usage has increased in recent years, fewer and fewer people visit bank branches or use CD/ATMs for deposits, withdrawals, and transfers.
Usage rate of financial services provided by banks in South Korea from 2018 to 2022, by service delivery channel
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Bank of Korea. (March 7, 2023). Usage rate of financial services provided by banks in South Korea from 2018 to 2022, by service delivery channel [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/1235646/south-korea-usage-rate-of-financial-services-from-banks-by-channel/
Bank of Korea. "Usage rate of financial services provided by banks in South Korea from 2018 to 2022, by service delivery channel." Chart. March 7, 2023. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/1235646/south-korea-usage-rate-of-financial-services-from-banks-by-channel/
Bank of Korea. (2023). Usage rate of financial services provided by banks in South Korea from 2018 to 2022, by service delivery channel. Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/1235646/south-korea-usage-rate-of-financial-services-from-banks-by-channel/
Bank of Korea. "Usage Rate of Financial Services Provided by Banks in South Korea from 2018 to 2022, by Service Delivery Channel." Statista, Statista Inc., 7 Mar 2023, https://www.statista.com/statistics/1235646/south-korea-usage-rate-of-financial-services-from-banks-by-channel/
Bank of Korea, Usage rate of financial services provided by banks in South Korea from 2018 to 2022, by service delivery channel Statista, https://www.statista.com/statistics/1235646/south-korea-usage-rate-of-financial-services-from-banks-by-channel/ (last visited September 01, 2024)
Usage rate of financial services provided by banks in South Korea from 2018 to 2022, by service delivery channel [Graph], Bank of Korea, March 7, 2023. [Online]. Available: https://www.statista.com/statistics/1235646/south-korea-usage-rate-of-financial-services-from-banks-by-channel/