Population
52MSouth Korea | |
|---|---|
mkt_kr |
South Korea is a major payments market in APAC. Payments span cards, bank transfers, digital wallets and cash-based channels.
Banked Population
96.9%GDP
$1.9TGDP per Capita
$36KPayment Methods
Payment methods with an explicit availability relationship to South Korea.
Cash in South Korea
Cash access and physical payment acceptance in South Korea, covering withdrawals, ATMs, cards and POS terminals.
Cash Withdrawals
-ATM Machines
-Cards
-POS Terminals
-Schemes
Schemes connected to South Korea, using the same four-metric model as the overview.
Systems
Systems connected to South Korea, using the same four-metric model as the overview.
PSPs
Provider processing and payout characteristics for payment methods linked to South Korea.
No PSPs have been mapped yet.
Compliance
Regulators and regulations connected to South Korea.
Regulation Category
Standards
Standards directly scoped to South Korea. Required means mandatory for participants in the relevant rail; contractual and conditional items apply only to the related product or flow.
Standard CategoryApplicability