South Korea card payments
Card payments in South Korea to breach $1t: GlobalData
Card payments in South Korea to breach $1t: GlobalData
The average frequency of credit card usage in the country grew 137.5 times in 2022.
Korea’s Shinhan Card vetting card numbering scheme following payment issues
There has been reports of unauthorized payments from its gift cards.
South Korea kicks off cash-back rewards program to boost card use
Card users can receive up to $85 in cashback rewards per month.
Chart of the Week: South Korea’s card payments market to reach $1.2t in 2025
Government incentives will support its continued growth.
South Korea card payments up 7% in July despite COVID resurgence
Online card payments are 28% higher than in July 2020.
Thought Leadership Centre
Most Read
1. UOB’s net profit down 16% to $443m in Q3 2. ShaComm Bank, HashKey team up for digital asset push 3. MAS, police tighten coordination for Prince Holding Group probe 4. Hang Seng Bank launches money lock feature 5. ANZ warns H2 profit will be hit with $727.19m charges from significant itemsResource Center
Read Here
Advertise
Sign Up
Events
Event News
Experts explored how hybrid multi-cloud strategies and interconnected data centres are shaping the future of banking in the region.
Commentary
Fighting fraud in the digital banking age
Asian banking’s next frontier: Beyond growth, embracing precision
Rethinking cybersecurity: How APAC banks can safeguard against AI-powered threats
Why Singapore’s fast payments need faster protections