SEOUL, Dec. 28 (Korea Bizwire) – In the rapidly evolving landscape of digital marketing, the KPR Digital Communication Research Institute, a subsidiary of KPR, one of the largest public relations companies in Korea, unveiled its top 10 digital marketing communication trends for 2024. These trends, revealed on December 27, are set to redefine the way businesses [...]
SEOUL, March 2 (Korea Bizwire) – The Seoul Metropolitan Government on Wednesday increased the number of public buses that only accept cards, as part of the city’s efforts to reflect the dwindling usage of cash and to prevent accidents. The city increased the number of so-called “cashless buses” from 436 buses operating on 18 routes [...]
SEOUL, Apr. 16 (Korea Bizwire) — South Korean people are increasingly going cashless as more people rely on credit cards and digital payment tools, a survey by the Bank of Korea (BOK) showed Tuesday. Korean households had an average 78,000 won (US$68.60) in cash in their wallets at any given time in 2018, down 33 [...]
SEOUL, Apr. 4 (Korea Bizwire) — Starbucks Coffee Korea Co. said Friday it will increase the number of cashless stores to 759 outlets across South Korea to better cater to the growing popularity of digital and credit card payments. More than 60 percent of the 1,280 stores operated by the coffee giant will only accept [...]
SEOUL, Oct. 23 (Korea Bizwire) — Starbucks Coffee Korea Co. is adding 300 more ‘cashless shops’ in addition to the 103 stores currently in operation, starting on Monday. Cashless stores recommend that customers use a means of payment other than cash. The company noted that adding 300 more cashless stores would amount to one-third of [...]