country’s consumers are prolific users of payment cards. The average number of monthly card payments is estimated at 6.4 in 2018, which is among the highest figures in the Asia-Pacific region.

Korea's debit card spending jumped nearly 22 percent on-year in the first half due to government efforts to curb household debt and consumers' belt-tightening amid a protracted economic slump ...

Koreans' overseas card spending fell by the largest margin in three years in the first quarter from three months earlier ...

Daily debit card spending in South Korea jumped in the first half of this year on the back of state tax benefits and other incentives, central bank data showed Wednesday. The average amount of ...

South Korean teenagers spent an average total of 1.75 million won ($1,200) last year, marking a significant increase in youth ...

South Korea plans to govern credit card issuance more strictly ... Under the plan, the two watchdogs also will set up a 24-hour settlement system that could boost debit card acceptance because ...

The Korean Exchange Bank (KEB) will launch this month a debit card catering to the needs of overseas Filipino workers (OFWs) in Korea. Last April, the Philippines and Korea signed a memorandum of ...