SEOUL, March 5 (Korea Bizwire) — The amount of daily financial transactions using credit cards and electronic means continued to grow last year while the use of checks and promissory notes continued to dwindle, central bank data showed Thursday. The value of daily financial transactions using non-cash payment methods, including remittance services, came to 81.4 [...]
SEOUL, Apr. 3 (Korea Bizwire) — The daily amount of payments made electronically nearly doubled last year as a growing number of South Koreans are carrying out their financial transactions on smartphones, central bank data showed Wednesday. The daily average for electronic financial transactions came to a record 126.1 billion won (US$111.1 million) in 2018, [...]
SEOUL, Mar. 26 (Korea Bizwire) — More than 63 percent of South Koreans have used banking and payment services via smartphones as a growing number are getting familiar with the tech device in their everyday lives, a central bank poll showed Tuesday. The survey of 2,597 adults, conducted by the Bank of Korea (BOK) last [...]