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South Korea: leading types of mobile payment services 2016

Most popular types of mobile payment services accessed by mobile payment users in South Korea as of April 2016

The data describes the most popular types of mobile payment services accessed by mobile payment users in South Korea as of April 2016. During the survey, 34% of respondents stated that they accessed mobile payment services provided by social media portals such as Kakao Pay, Naver Pay or NHN Payo.

Social media portals (e.g. Kakao Pay, Naver Pay, NHN Payo) 34
Payment apps from financial institutions (e.g. Samsung Card mpocket) 29
Electronic payment gateway (e.g. KG Inicis, KPAY, VP Mobile ISP) 21.6
Telecom companies and other (e.g. LG U, Pay Now) 6.6
Samsung Pay 4.6
Online shopping mall payment 4.2

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