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YoY mobile payment transaction growth South Korea 2019-2020, by provider type

Year-over-year (YoY) growth rate of mobile easy payment transactions in South Korea from October 2019 to December 2020, by type of provider

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Sources

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Release date

April 2021

Region

South Korea

Survey time period

October 2019 to December 2020

Supplementary notes

*Mobile payment providers such as Kakao Pay, Naver Financial, and Coupang.

**Mobile payment providers such as Samsung Pay and LG Pay.

Mobile easy payment refers to a payment method carried out via mobile devices on which the credit or debit card data is stored. Users register their cards with the mobile payment service provider, which enables them to make online and offline payments using just a passcode or fingerprint scan, bypassing the authentication process previously required.

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Statistics on "Mobile payments in South Korea"

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