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South Korea

KR · KOR · 410Asia-PacificKRW ₩24 methods

4 sources

In 2025, e-commerce transaction value in South Korea was split between credit cards 49%, digital wallets 35%, account-to-account payments 7%, debit cards 5%, cash 1%, and prepaid cards 1%. Shares are rounded and may not total 100.

$180 bn
e-commerce spend · 2025
97.9%
internet use
96.9%
banked adults
MixMethodsBehaviourBanksSourcesFacts

Payment mix

share of e-commerce spend · 2025
  • Credit cards49%
  • Digital wallets35%
  • Account-to-account7%
  • Debit cards5%
  • Cash1%
  • Prepaid cards1%

Methods in use

top 8 of 24
All 24 methods in South Korea →

Checkout behaviour

The World Bank population series gives 51,684,564 people in 2025. Internet use was 97.9% of people in 2024. Account ownership was 96.9% of adults in 2024.

Facts
ISO 3166
KR · KOR · 410
Region
Asia-Pacific
Population
51,684,564
Currency
KRW ₩
Banked adults
96.9%
Methods live
24
Banks covered
4
Largest banks
Compare with
JapanIndiaIndonesiaAustralia
Sources
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