Smartphone banking service users soar 29.6% on-year in 2014: central bank

By Park Sae-jin Posted : April 15, 2015, 16:03 Updated : April 15, 2015, 16:03

 

The number of South Koreans using smartphone banking service soared nearly 30 percent in 2014 from the previous year, central bank data showed Wednesday.

According to the data compiled by the Bank of Korea (BOK), registered users of smartphone-based mobile banking services totaled 48.2 million in number as of the end of last year, up 29.6 percent from a year earlier.

The smartphone banking service has rapidly gained popularity since its introduction in December 2009.
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