The Korea Times
The use of contactless payments, including credit and debit cards with contactless features and smartphones with digital wallets, has surged significantly over the past year in Korea, according to a survey released by global e-payment giant Visa, Wednesday.
The company attributed the rise partially to the introduction of Apple Pay in the country last year.
In the survey, which was conducted in June and questioned 1,000 people aged 20 to 59 in major cities including Seoul, 45 percent of respondents said they actually used contactless payments services.
The figure rose from 7.9 percent tallied last year, marking an almost sixfold increase.
Contactless payments refer to transactions using near-field communication, or NFC, payment devices, allowing transactions to be made by simply waving or tapping on contactless-enabled terminals.
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