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Usage of mobile payment services of fintech companies South Korea Q1 2020-Q2 2022

Share of consumers using mobile easy payment services provided by fintech companies in South Korea from 1st quarter of 2020 to 2nd quarter of 2022

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Source

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Release date

September 2022

Region

South Korea

Survey time period

Q1 2020 to Q2 2022

Supplementary notes

Based on preliminary values of average daily total personal and corporate credit/debit card transactions in South Korean franchises.

Fintech companies include ICT companies and retailers that offer mobile easy payment services. Card companies were excluded.

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 "

Statistics on Mobile payments in South Korea

Overview

5

Cashless payments

6

Mobile payments

5

Market share

4

Leading providers

7

User behavior

4

Further related statistics

14
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