According to a survey conducted in South Korea in 2021, about 14.6 percent of reported payments were made in cash. The share of cash in total payment transaction value has decreased over the years, while credit cards have become the most used payment method.
Share of cash in total payment transactions in South Korea from 2013 to 2021
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Bank of Korea. (May 13, 2022). Share of cash in total payment transactions in South Korea from 2013 to 2021 [Graph]. In Statista. Retrieved November 04, 2024, from https://www.statista.com/statistics/1258910/south-korea-share-of-cash-in-total-transactions/
Bank of Korea. "Share of cash in total payment transactions in South Korea from 2013 to 2021." Chart. May 13, 2022. Statista. Accessed November 04, 2024. https://www.statista.com/statistics/1258910/south-korea-share-of-cash-in-total-transactions/
Bank of Korea. (2022). Share of cash in total payment transactions in South Korea from 2013 to 2021. Statista. Statista Inc.. Accessed: November 04, 2024. https://www.statista.com/statistics/1258910/south-korea-share-of-cash-in-total-transactions/
Bank of Korea. "Share of Cash in Total Payment Transactions in South Korea from 2013 to 2021." Statista, Statista Inc., 13 May 2022, https://www.statista.com/statistics/1258910/south-korea-share-of-cash-in-total-transactions/
Bank of Korea, Share of cash in total payment transactions in South Korea from 2013 to 2021 Statista, https://www.statista.com/statistics/1258910/south-korea-share-of-cash-in-total-transactions/ (last visited November 04, 2024)
Share of cash in total payment transactions in South Korea from 2013 to 2021 [Graph], Bank of Korea, May 13, 2022. [Online]. Available: https://www.statista.com/statistics/1258910/south-korea-share-of-cash-in-total-transactions/
