South Korea card payments
Card payments in South Korea to breach $1t: GlobalData
Card payments in South Korea to breach $1t: GlobalData
The average frequency of credit card usage in the country grew 137.5 times in 2022.
Korea’s Shinhan Card vetting card numbering scheme following payment issues
There has been reports of unauthorized payments from its gift cards.
South Korea kicks off cash-back rewards program to boost card use
Card users can receive up to $85 in cashback rewards per month.
Chart of the Week: South Korea’s card payments market to reach $1.2t in 2025
Government incentives will support its continued growth.
South Korea card payments up 7% in July despite COVID resurgence
Online card payments are 28% higher than in July 2020.