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In 2018, over 90 percent of digital payment transactions made in South Korea was used by credit or check card. Digital payment here, also called Simple Payment service in Korean, refers to a type of FinTech that started to grow in South Korea after the abolition of compulsory public key certificate use for online payments that happened in 2015. Consumers can make payments using simple methods of authentication, such as an SMS code or a QR code.
Share of digital payment transactions made in South Korea in 2018, by type
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Hankyung. (April 17, 2019). Share of digital payment transactions made in South Korea in 2018, by type [Graph]. In Statista. Retrieved May 21, 2024, from https://www.statista.com/statistics/1128194/south-korea-share-of-digital-payment-transactions-by-type/
Hankyung. "Share of digital payment transactions made in South Korea in 2018, by type." Chart. April 17, 2019. Statista. Accessed May 21, 2024. https://www.statista.com/statistics/1128194/south-korea-share-of-digital-payment-transactions-by-type/
Hankyung. (2019). Share of digital payment transactions made in South Korea in 2018, by type. Statista. Statista Inc.. Accessed: May 21, 2024. https://www.statista.com/statistics/1128194/south-korea-share-of-digital-payment-transactions-by-type/
Hankyung. "Share of Digital Payment Transactions Made in South Korea in 2018, by Type." Statista, Statista Inc., 17 Apr 2019, https://www.statista.com/statistics/1128194/south-korea-share-of-digital-payment-transactions-by-type/
Hankyung, Share of digital payment transactions made in South Korea in 2018, by type Statista, https://www.statista.com/statistics/1128194/south-korea-share-of-digital-payment-transactions-by-type/ (last visited May 21, 2024)
Share of digital payment transactions made in South Korea in 2018, by type [Graph], Hankyung, April 17, 2019. [Online]. Available: https://www.statista.com/statistics/1128194/south-korea-share-of-digital-payment-transactions-by-type/