One in every four Koreans use mobile payment services: survey

By Park Sae-jin Posted : December 26, 2016, 17:37 Updated : December 26, 2016, 17:37

[Courtesy of Samsung]


One in every four Koreans used mobile payment services in the first six months of this year to buy products online and offline in one of the world's most wired countries, according to a central bank survey.

The survey of 2,500 adults, conducted by the Bank of Korea, showed that 25.2 percent used a mobile device for payments, up 9.4 percentage points from a year ago.

Those in their 30s were the most frequent users of mobile payment with 41.8 percent, followed by those in their 40s (35 percent), 20s (33.6 percent) and 50s (17.3 percent).

The survey found that 43.3 percent used mobile banking services, up 6.9 percentage points from last year. Those who do not use mobile banking cited fears of leaks in personal information.
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