based on average daily value of mobile payment transactions
Supplementary notes
*Banks and card companies.
**Mobile phone manufacturers, including Samsung.
***Mobile payment providers such as Kakao Pay and Naver Financial.
Mobile easy payment refers to a payment method carried out via mobile devices on which the credit or debit card data is stored. Users register their cards with the mobile payment service provider, which enables them to make online and offline payments using just a passcode or fingerprint scan, bypassing the authentication process previously required.
Citation formats
Mobile payment market share South Korea 2020-2024, by provider type
In 2024, approximately **** of the mobile easy payment market in South Korea was dominated by electronic financial business entities. The share of fintech companies, such as Naver Pay and Kakao Pay, in the South Korean mobile payment market has increased significantly in recent years. In contrast, the market share of banks and card companies has steadily declined.
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Bank of Korea. (March 20, 2025). Market share of mobile easy payment providers in South Korea from 2020 to 2024, by type of provider [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 26, 2026, from /statistics/1255246/south-korea-mobile-payment-market-share-by-provider-type/
Bank of Korea. "Market share of mobile easy payment providers in South Korea from 2020 to 2024, by type of provider." Chart. March 20, 2025. ÌÇÐÄÆÆ½â°æ. Accessed July 26, 2026. /statistics/1255246/south-korea-mobile-payment-market-share-by-provider-type/
Bank of Korea. (2025). Market share of mobile easy payment providers in South Korea from 2020 to 2024, by type of provider. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 26, 2026. /statistics/1255246/south-korea-mobile-payment-market-share-by-provider-type/
Bank of Korea. "Market Share of Mobile Easy Payment Providers in South Korea from 2020 to 2024, by Type of Provider." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 20 Mar 2025, /statistics/1255246/south-korea-mobile-payment-market-share-by-provider-type/
Bank of Korea, Market share of mobile easy payment providers in South Korea from 2020 to 2024, by type of provider ÌÇÐÄÆÆ½â°æ, /statistics/1255246/south-korea-mobile-payment-market-share-by-provider-type/ (last visited July 26, 2026)
Market share of mobile easy payment providers in South Korea from 2020 to 2024, by type of provider [Graph], Bank of Korea, March 20, 2025. [Online]. Available: /statistics/1255246/south-korea-mobile-payment-market-share-by-provider-type/