According to a survey conducted in South Korea in 2021, around 57 percent of respondents preferred using credit cards. Cash was the second most popular choice at around 20 percent.
Preferred payment services in South Korea in 2021
Characteristic
Share of respondents
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Bank of Korea. (May 13, 2022). Preferred payment services in South Korea in 2021 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/828599/south-korea-payment-service-preference/
Bank of Korea. "Preferred payment services in South Korea in 2021." Chart. May 13, 2022. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/828599/south-korea-payment-service-preference/
Bank of Korea. (2022). Preferred payment services in South Korea in 2021. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/828599/south-korea-payment-service-preference/
Bank of Korea. "Preferred Payment Services in South Korea in 2021." Statista, Statista Inc., 13 May 2022, https://www.statista.com/statistics/828599/south-korea-payment-service-preference/
Bank of Korea, Preferred payment services in South Korea in 2021 Statista, https://www.statista.com/statistics/828599/south-korea-payment-service-preference/ (last visited July 22, 2024)
Preferred payment services in South Korea in 2021 [Graph], Bank of Korea, May 13, 2022. [Online]. Available: https://www.statista.com/statistics/828599/south-korea-payment-service-preference/