Payment mix
share of e-commerce spendMethods in use
top 8 of 22 · by spend
Checkout behaviour
E-wallets account for 25% of online transactions, with KakaoPay (38M+ users), Toss Pay (30M+ users), Naver Pay, Samsung Pay, and the government-backed Zero Pay QR scheme all competing for share.
Cards remain the dominant payment method at 64% of online transactions; Visa and Mastercard lead internationally, but local card schemes (BC Card, Lotte, Hyundai, Shinhan, Hana) account for a significant combined share.
0%
shoppers buying cross-border
$4.5B
cross-border value
28%
e-commerce of retail
Facts
- ISO 3166
- KR · KOR · 410
- Region
- Asia-Pacific
- Population
- 51.6M
- Currency
- KRW ₩
- Banked adults
- 99%
- Methods live
- 22
- Banks covered
- 4
Largest banks
Something out of date?
Every figure on this page carries a source. Corrections are reviewed within a week.
Edit this country →