In 2018, around 80 trillion South Korean won worth of mobile payment transactions were made in South Korea. Mobile 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.
Value of mobile payment transactions in South Korea from 2016 to 2018
(in trillion South Korean won)
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Financial Supervisory Service. (April 18, 2019). Value of mobile payment transactions in South Korea from 2016 to 2018 (in trillion South Korean won) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1128145/south-korea-value-of-digital-payment-transactions/
Financial Supervisory Service. "Value of mobile payment transactions in South Korea from 2016 to 2018 (in trillion South Korean won)." Chart. April 18, 2019. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1128145/south-korea-value-of-digital-payment-transactions/
Financial Supervisory Service. (2019). Value of mobile payment transactions in South Korea from 2016 to 2018 (in trillion South Korean won). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1128145/south-korea-value-of-digital-payment-transactions/
Financial Supervisory Service. "Value of Mobile Payment Transactions in South Korea from 2016 to 2018 (in Trillion South Korean Won)." Statista, Statista Inc., 18 Apr 2019, https://www.statista.com/statistics/1128145/south-korea-value-of-digital-payment-transactions/
Financial Supervisory Service, Value of mobile payment transactions in South Korea from 2016 to 2018 (in trillion South Korean won) Statista, https://www.statista.com/statistics/1128145/south-korea-value-of-digital-payment-transactions/ (last visited November 21, 2024)
Value of mobile payment transactions in South Korea from 2016 to 2018 (in trillion South Korean won) [Graph], Financial Supervisory Service, April 18, 2019. [Online]. Available: https://www.statista.com/statistics/1128145/south-korea-value-of-digital-payment-transactions/
