(image: Korea Bizwire)
SEOUL, Oct. 1 (Korea Bizwire) — The value of daily transactions of mobile banking services in South Korea surpassed the 6 trillion-won (US$5 billion) mark for the first time, central bank data showed Tuesday.
The value of daily transactions of mobile banking services stood at 6.04 trillion won in the first half, up 10.8 percent from six months ago, according to the data by the Bank of Korea (BOK).
Transactions through mobile banking services have been on a steady rise following the launch of two internet-only banks in 2017.
The value of daily transactions of mobile banking services stood at 3.7 trillion won in 2017 and grew to 5.2 trillion won in the first half of last year, the BOK said.
The number of daily transactions carried out on smartphones rose 15.5 percent from six months earlier to 90.91 million in the first half of this year, the BOK said.
Meanwhile, in South Korea, known as one of the world’s most wired nations, the total number of registered internet and mobile banking service users came to a record of 152 million as of the end of June, up 4.1 percent from six months earlier.
(Yonhap)
