Payment methods when using pocket money among Gen Z South Korea 2019

Published by
Won So,
Nov 9, 2024
According to a survey conducted among Generation Z in South Korea in 2019, around 40.5 percent of respondents stated that they used their own cards when using pocket money received from parents. It was followed by paying in cash and using mobile payment services such as Samsung Pay or KakaoPay

Payment methods when Generation Z used pocket money received from parents in South Korea in 2019

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Release date

October 2019

Region

South Korea

Survey time period

September 30, 2019

Number of respondents

600 respondents

Age group

14-24 years

Method of interview

Online survey

Supplementary notes

Note: 1,000 South Korean won equal 0.86 U.S. dollars and 0.78 euros (as of November 2019).
Some figures may not add up to 100 percent due to rounding.

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