Neither Visa or Mastercard were the largest card brand in South Korea in 2021, due to the country's strong connection with card-based payments. This is exemplified in the source's reporting over time for the Asian country, where it tried in 2017 to map out several of the different schemes but to not do this again in following years. Cards make up the vast majority of POS transactions in South Korea, with nearly six out of 10 payments being conducted with credit cards.
Market share of payment card brands - Visa, Mastercard, American Express, or in-market local card schemes - in South Korea from 2016 to 2022
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Worldpay, & PPRO, & Statista. (January 1, 2024). Market share of payment card brands - Visa, Mastercard, American Express, or in-market local card schemes - in South Korea from 2016 to 2022 [Graph]. In Statista. Retrieved November 05, 2024, from https://www.statista.com/statistics/1312434/biggest-card-schemes-in-south-korea/
Worldpay, und PPRO, und Statista. "Market share of payment card brands - Visa, Mastercard, American Express, or in-market local card schemes - in South Korea from 2016 to 2022." Chart. January 1, 2024. Statista. Accessed November 05, 2024. https://www.statista.com/statistics/1312434/biggest-card-schemes-in-south-korea/
Worldpay, PPRO, Statista. (2024). Market share of payment card brands - Visa, Mastercard, American Express, or in-market local card schemes - in South Korea from 2016 to 2022. Statista. Statista Inc.. Accessed: November 05, 2024. https://www.statista.com/statistics/1312434/biggest-card-schemes-in-south-korea/
Worldpay, and PPRO, and Statista. "Market Share of Payment Card Brands - Visa, Mastercard, American Express, or In-market Local Card Schemes - in South Korea from 2016 to 2022." Statista, Statista Inc., 1 Jan 2024, https://www.statista.com/statistics/1312434/biggest-card-schemes-in-south-korea/
Worldpay & PPRO & Statista, Market share of payment card brands - Visa, Mastercard, American Express, or in-market local card schemes - in South Korea from 2016 to 2022 Statista, https://www.statista.com/statistics/1312434/biggest-card-schemes-in-south-korea/ (last visited November 05, 2024)
Market share of payment card brands - Visa, Mastercard, American Express, or in-market local card schemes - in South Korea from 2016 to 2022 [Graph], Worldpay, & PPRO, & Statista, January 1, 2024. [Online]. Available: https://www.statista.com/statistics/1312434/biggest-card-schemes-in-south-korea/
