S. Korean Credit Card Payment Volume to Exceed 700 tln Won

SEOUL, Jan. 5 (Korea Bizwire) – The ubiquitous use of ‘plastic’ among consumers will set a milestone in credit card payment volumes this year. According to KB Financial Group, Korean credit card spending is on pace to exceed 700 trillion won (US$634 billion) in 2015, for the first time ever since 1967 when the first [...]