In 2018, around 75.6 percent of mobile payment transactions in South Korea were made through online channels. Mobile payment here, also called easy 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 mobile easy payment transactions made in South Korea in 2018, by channel
Characteristic
Share of easy payment service payments
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Hankyung. (April 17, 2019). Share of mobile easy payment transactions made in South Korea in 2018, by channel [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1128263/south-korea-share-of-digital-payment-transactions/
Hankyung. "Share of mobile easy payment transactions made in South Korea in 2018, by channel." Chart. April 17, 2019. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1128263/south-korea-share-of-digital-payment-transactions/
Hankyung. (2019). Share of mobile easy payment transactions made in South Korea in 2018, by channel. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1128263/south-korea-share-of-digital-payment-transactions/
Hankyung. "Share of Mobile Easy Payment Transactions Made in South Korea in 2018, by Channel." Statista, Statista Inc., 17 Apr 2019, https://www.statista.com/statistics/1128263/south-korea-share-of-digital-payment-transactions/
Hankyung, Share of mobile easy payment transactions made in South Korea in 2018, by channel Statista, https://www.statista.com/statistics/1128263/south-korea-share-of-digital-payment-transactions/ (last visited August 25, 2024)
Share of mobile easy payment transactions made in South Korea in 2018, by channel [Graph], Hankyung, April 17, 2019. [Online]. Available: https://www.statista.com/statistics/1128263/south-korea-share-of-digital-payment-transactions/