IN South Korea, cash is definitely not king as more people switch to using digital wallets and mobile apps to pay for goods or services.
Only about 20% of all payments in the country are made with cash among the world’s lowest, according to the Bank of Korea. The wide range of cashless payment options plays a part.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!