Contactless Payments in South Korea
Create a vendor selection project & run comparison reports
Click to express your interest in this report
Indication of coverage against your requirements
A subscription is required to activate this feature. Contact us for more info.
Celent have reviewed this profile and believe it to be accurate.
17 June 2010KyongSun Kong
It would not be an exaggeration to say that contactless payments have reached masses in South Korea, especially in and around Seoul. South Korean contactless payments can be used not only for transportation and convenience stores, but also at city municipal offices to pay for various services. In South Korea, there are various kinds of contactless payment devices, including:
- Cards designed by famous designers
- Key chain contactless payment devices
- Bangle devices
- USB types which can be charged online
- Whistles for children