Online payments rise 9.2 pct on-year in 2025 to record high: data

The value of electronic payments in South Korea extended its upward trend to an all-time high in 2025, driven by steady growth in online transactions, central bank data showed Friday. The daily average value of payment gateway services reached 1.55 trillion won ($1.04 billion) last year, up 9.2 percent from a year earlier, according to the data from the Bank of Korea. The daily average number of transactions also rose 11.8 percent on-year to 33.64 million. Both the number of transactions and the

By The Korea Herald