Bank payment card penetration reached 526% in 2016 in South Korea, according to the National Central Bank. This is 2.69% more than in the previous year.
Historically, bank payment card penetration in South Korea reached an all time high of 541% in 2012 and an all time low of 501% in 2014.
South Korea has been ranked 2nd within the group of 50 countries we follow in terms of bank payment card penetration.
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