According to a survey conducted in South Korea in 2024, about 44.2 percent of respondents who did not use the mobile easy payment service stated that they were not using it because they have been using other mobile payment methods. About 24.8 percent of respondents stated that the sign-up process is inconvenient, which prevented them from using these services.
Reasons for not using mobile easy payment services in South Korea in 2024
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.
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Bank of Korea. (March 25, 2025). Reasons for not using mobile easy payment services in South Korea in 2024 [Graph]. In Statista. Retrieved May 12, 2025, from https://www.statista.com/statistics/1611980/south-korea-reasons-for-not-using-easy-payment/
Bank of Korea. "Reasons for not using mobile easy payment services in South Korea in 2024." Chart. March 25, 2025. Statista. Accessed May 12, 2025. https://www.statista.com/statistics/1611980/south-korea-reasons-for-not-using-easy-payment/
Bank of Korea. (2025). Reasons for not using mobile easy payment services in South Korea in 2024. Statista. Statista Inc.. Accessed: May 12, 2025. https://www.statista.com/statistics/1611980/south-korea-reasons-for-not-using-easy-payment/
Bank of Korea. "Reasons for Not Using Mobile Easy Payment Services in South Korea in 2024." Statista, Statista Inc., 25 Mar 2025, https://www.statista.com/statistics/1611980/south-korea-reasons-for-not-using-easy-payment/
Bank of Korea, Reasons for not using mobile easy payment services in South Korea in 2024 Statista, https://www.statista.com/statistics/1611980/south-korea-reasons-for-not-using-easy-payment/ (last visited May 12, 2025)
Reasons for not using mobile easy payment services in South Korea in 2024 [Graph], Bank of Korea, March 25, 2025. [Online]. Available: https://www.statista.com/statistics/1611980/south-korea-reasons-for-not-using-easy-payment/
