# South Korean digital and mobile payment growth > Live situation record from CLSTR: https://clstr.news/situations/south-korean-digital-and-mobile-payment-growth > Updated: 2026-09-29T04:59:20.000Z. Sources: 5. Developments: 2. Data from the Bank of Korea indicates a significant rise in digital and mobile payment usage in South Korea during the first half of the year. Daily average usage of simple payment services reached a record 1.2264 trillion won, marking a 16.8% increase from the previous year. This growth was supported by an expansion in e-commerce and a surge in simple remittance services based on prepaid funds. Fintech platforms such as Naver Pay and Kakao Pay have become dominant, accounting for 55.4% of the total simple payment market. Overall daily average payment card usage rose to 3.777 trillion won, a 7.6% year-on-year increase. There is a clear trend toward non-physical transactions, which grew by 10.6% to average 1.789 trillion won daily. Within these non-physical transactions, fintech providers handled 72% of the volume. While physical card transactions grew by 2.5%, internet banking saw substantial growth, with daily average transaction amounts increasing by 23.9% to 106.4 trillion won. ## Timeline ### 2026-09-29: South Korea mobile payment usage surges in first half of year South Korean daily payment card usage rose 7.6% to 3.777 trillion won in H1, driven by a surge in mobile-based simple payment services and fintech usage. 3 sources. https://clstr.news/cluster/south-korea-mobile-payment-usage-surges-in-first-half-of-year ### 2026-09-18: South Korean simple payment usage hits record 1.2 trillion won daily average Daily average simple payment usage in South Korea hit a record 1.22 trillion won in the first half of the year, a 16.8% increase driven by rising e-commerce and electronic finance services. 2 sources. https://clstr.news/cluster/south-korean-simple-payment-usage-hits-record-12-trillion-won-daily-average --- Cite as: South Korean digital and mobile payment growth. CLSTR, https://clstr.news/situations/south-korean-digital-and-mobile-payment-growth