South Korea is one of the world's largest e-commerce markets, with retail e-commerce transaction volume expected to grow from $41.9 billion in 2017 to $90.5 billion in 2024.
As the home to some of the world's largest digital goods companies, digital service consumption is high. South Korea's credit card penetration rate is equivalent to 6.7 cards per person, accounting for 70% of all payment methods. Most are locally issued single-brand cards and dual-brand cards that partner with international payment systems such as Visa and MasterCard. In addition to credit cards, online banking and e-wallets are also popular in e-commerce, with Kakaopay being such a payment method.
🔄 加载国家数据中...
❌ 数据加载失败:
Popular payment methods
SAMSUNGPAY
SAMSUNGPAY is commonly used for digital wallets payments in KR.
- Payment type
- Digital Wallets
- Buyer coverage
- KR
- Payment currency
- KRW
- Refund
- Partial refund
Mobile Payments
Mobile Payments is commonly used for mobile payments payments in KR.
- Payment type
- Mobile Payments
- Buyer coverage
- KR
- Payment currency
- KRW
- Refund
- Partial refund
PAYCO
PAYCO is commonly used for digital wallets payments in KR.
- Payment type
- Digital Wallets
- Buyer coverage
- KR
- Payment currency
- KRW
- Refund
- Partial refund
TOSS
TOSS is commonly used for digital wallets payments in KR.
- Payment type
- Digital Wallets
- Buyer coverage
- KR
- Payment currency
- KRW
- Refund
- Partial refund
KoreanCards
KoreanCards is commonly used for local cards payments in KR.
- Payment type
- Local Cards
- Buyer coverage
- KR
- Payment currency
- KRW
- Refund
- Partial refund
Naverpay
Naverpay is commonly used for digital wallets payments in KR.
- Payment type
- Digital Wallets
- Buyer coverage
- KR
- Payment currency
- KRW
- Refund
- Partial refund
Kakaopay
Kakaopay is commonly used for digital wallets payments in KR.
- Payment type
- Digital Wallets
- Buyer coverage
- KR
- Payment currency
- KRW
- Refund
- Partial refund
T money
T money is commonly used for cards payments in KR.
- Payment type
- Cards
- Buyer coverage
- KR
- Payment currency
- KRW
- Refund
- Partial refund
Mobile Pop
Mobile Pop is commonly used for cards payments in KR.
- Payment type
- Cards
- Buyer coverage
- KR
- Payment currency
- KRW
- Refund
- Partial refund
Egg Money
Egg Money is commonly used for cards payments in KR.
- Payment type
- Cards
- Buyer coverage
- KR
- Payment currency
- KRW
- Refund
- Partial refund
Teen Cash
Teen Cash is commonly used for cards payments in KR.
- Payment type
- Cards
- Buyer coverage
- KR
- Payment currency
- KRW
- Refund
- Partial refund
Virtual Account Korea
Virtual Account Korea is commonly used for virtual account payments in KR.
- Payment type
- Virtual Account
- Buyer coverage
- KR
- Payment currency
- KRW
- Refund
- Partial refund
Korea Bank Transfer
Korea Bank Transfer is commonly used for bank transfer payments in KR.
- Payment type
- Bank Transfer
- Buyer coverage
- KR
- Payment currency
- KRW
- Refund
- Partial refund
Korea
Country code
KR
Currency code
KRW
Currency unit
₩ KRW