YoY growth in payment transactions South Korea H1 2022, by device type

Published by L. Yoon, Oct 26, 2022
In the first half of 2022, payments via mobile devices and PCs grew by around 12.6 percent year-over-year, while card payments recorded a growth of around 5.9 percent. Mobile payment has become increasingly widespread in South Korea, especially after the outbreak of the COVID-19 pandemic in 2020.

Year-over-Year (YoY) growth in payment transactions in South Korea in the first half of 2022, by type of device

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Release date

September 2022

Region

South Korea

Survey time period

H1 2022

Supplementary notes

*Credit and debit cards used for face-to-face payments.

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

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