*The source changed its categories in 2021 and 2024, see the "Details" tab for more information.
Supplementary notes
In 2022, the source stated it made two changes to the categories used in previous years. These include a combination of "credit cards" with "charge/deferred debit cards" and the split of BNPL from "POS financing" (which itself was added as a new category in 2020). The latter change was made to atone for the "growing importance of BNPL". This seems to have been reverted in 2023 - for the year 2022.
In 2024, the "debit card" and "prepaid card" categories were combined into a single category called "Debit and Prepaid Cards".
The figures have been taken from several publications. No figures were available for 2018 as the source did not release any reports that year.
Citation formats
Most used in-store (POS) payment methods in South Korea 2017-2025, with 2030 forecast
Credit cards comprised the majority of POS payments in South Korea, whilst the market share of wallets continued to grow since ***. Although credit cards and debit cards combined made up nearly ** percent of in-store payments in the Asian country, credit cards were far more dominant than debit cards. This is not surprising, as South Korea had on one of the highest credit card penetration rates in APAC in 2021. Mobile wallets are expected to grow in importance in POS as the users of super app Kakoa are forecast to grow by millions between 2020 and 2025. Kakao shares characteristics with China's WeChat in that it is part of an all-in-one app ecosystem that originally started out as an instant messaging service and can use QR codes for in-store payments.
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Worldpay, & ÌÇÐÄÆƽâ°æ. (March 27, 2026). Market share of cash, credit cards, and other payment methods at point of sale (POS) in South Korea from 2017 to 2025, with a forecast for 2030 [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 15, 2026, from /statistics/1296914/preferred-payment-methods-south-korea/
Worldpay, und ÌÇÐÄÆƽâ°æ. "Market share of cash, credit cards, and other payment methods at point of sale (POS) in South Korea from 2017 to 2025, with a forecast for 2030." Chart. March 27, 2026. ÌÇÐÄÆƽâ°æ. Accessed July 15, 2026. /statistics/1296914/preferred-payment-methods-south-korea/
Worldpay, ÌÇÐÄÆƽâ°æ. (2026). Market share of cash, credit cards, and other payment methods at point of sale (POS) in South Korea from 2017 to 2025, with a forecast for 2030. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 15, 2026. /statistics/1296914/preferred-payment-methods-south-korea/
Worldpay, and ÌÇÐÄÆƽâ°æ. "Market Share of Cash, Credit Cards, and Other Payment Methods at Point of Sale (Pos) in South Korea from 2017 to 2025, with a Forecast for 2030." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 27 Mar 2026, /statistics/1296914/preferred-payment-methods-south-korea/
Worldpay & ÌÇÐÄÆƽâ°æ, Market share of cash, credit cards, and other payment methods at point of sale (POS) in South Korea from 2017 to 2025, with a forecast for 2030 ÌÇÐÄÆƽâ°æ, /statistics/1296914/preferred-payment-methods-south-korea/ (last visited July 15, 2026)
Market share of cash, credit cards, and other payment methods at point of sale (POS) in South Korea from 2017 to 2025, with a forecast for 2030 [Graph], Worldpay, & ÌÇÐÄÆƽâ°æ, March 27, 2026. [Online]. Available: /statistics/1296914/preferred-payment-methods-south-korea/
