Payment cost evaluation in South Korea 2017, by method

This statistic shows the cost effectiveness of payment services, based on user evaluation on a 0 to 100 scale, in South Korea as of November 2017, by payment method. During the survey period, cash was considered as the most reasonable method in terms of costs by South Korean users, with the score stood at 89.6 points out of 100.

Cost effectiveness of payment services based on user evaluation in South Korea as of November 2017, by method

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Source

Release date

March 2018

Region

South Korea

Survey time period

September 2, 2017 to November 5, 2017

Number of respondents

2,511 adults

Age group

19 years and older

Special properties

Based on multi-stage stratified random sampling

Method of interview

Face-to-face interview

Supplementary notes

*Mobile card in this statistic refers to a financial service that allows users to conveniently pay with their mobile phone based on their credit/debit/prepaid card information saved on the smartphone memory chip or applications in advance.

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