overseas card spending Archives | Be Korea-savvy
Overseas Card Spending Slightly Up in Q2 on Increased Travels, Direct Purchases

Overseas Card Spending Slightly Up in Q2 on Increased Travels, Direct Purchases

SEOUL, Aug. 31 (Korea Bizwire) — South Koreans’ overseas card spending gained 1 percent in the second quarter of the year on the back of increased overseas travels amid eased COVID-19 curbs and increased direct purchases, central bank data showed Thursday. The amount of money spent overseas by South Koreans with cards, including credit and [...]

Overseas Card Spending Continues to Grow on Soaring Outbound Travel

Overseas Card Spending Continues to Grow on Soaring Outbound Travel

SEOUL, Nov. 29 (Korea Bizwire) — South Koreans’ overseas card spending continued to grow in the third quarter as outbound travel spiked bolstered by eased pandemic curbs, central bank data showed Tuesday. The amount of money spent overseas by South Koreans with cards, including credit and debit cards, came to US$3.81 billion in the July-September [...]

Overseas Card Spending Dips by Most in Over 2 Decades in Q2 amid Pandemic

Overseas Card Spending Dips by Most in Over 2 Decades in Q2 amid Pandemic

SEOUL, Aug. 27 (Korea Bizwire) — South Koreans’ overseas card spending dropped by the most in more than two decades in the second quarter on a sharp decline in the number of outbound travelers amid the COVID-19 pandemic, central bank data showed Thursday. The amount of money spent overseas by Koreans with cards, including credit [...]