Payment service preference in South Korea 2019

Published by Statista Research Department, Mar 2, 2002
According to a survey conducted in South Korea in 2019, around 57.6 percent of respondents said they preferred to use credit cards. Cash followed with around 21.6 percent.

Preferred payment services in South Korea as of November 2019

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Release date

March 2002

Region

South Korea

Survey time period

October 26 to December 4, 2019

Number of respondents

2,650 respondents

Age group

19 years and older

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.

The higher the score, the more satisfied customers were with the payment method.

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