Leading mobile payment services in South Korea 2023, by age

Published by L. Yoon, Jun 25, 2024
According to a survey conducted in South Korea in December 2023, Naver Pay was the most widely used mobile payment service across all age groups except for teenagers. The highest usage rate was among those in their thirties, with around 85 percent of them using this service. Naver Pay and Kakao Pay were the two most popular payment services in South Korea, with Naver Pay having a slightly higher usage rate.

Most used mobile payment services in South Korea as of December 2023, by age group

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Release date

May 2024

Region

South Korea

Survey time period

December 16 to 21, 2023

Number of respondents

1,416 respondents*

Method of interview

Online survey

Supplementary notes

*Respondents who have paid online with mobile payment methods within the last year.

Multiple answers were possible.

The release date used here is the access date.

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Overview

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Market share

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Leading providers

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Topics

Mobile payments in South KoreaFintech in South KoreaNaver Corporation of South KoreaMobile banking in South KoreaKakao Bank
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