Card payments in South Korea to hit over $1T by 2025: report
Experts believe that with the support of the state, card payments in the next four years will grow at a steady pace
Experts believe that with the support of the state, card payments in the next four years will grow at a steady pace
That marks a new way for customers in Korea to shop Amazon US selection
The coronacrisis has brought a lasting change in the consumer buying behavior
Japan’s current regulation only allows banks to indirectly enter the market through JV or share investments
The transaction is expected to close by the end of 2021 or early next year, subject to regulatory approvals
The APAC region’s dominance is primarily attributable to its nearly 4 billion consumer mobile subscribers
South Korea’s payment cards market is well developed and has been on sustained growth for the past few years
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Analysts expect a strong global economic recovery in the second half of 2021
Coronacrisis caused a significant shift towards digital payments
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The coronacrisis has made major economies except for China plunge into recession last year
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As the country’s cash use continues to decline, consumers are increasingly switching to mobile wallets for both online and in-store payments
This new initiative is expected to be rolled out this year
This growth will be primarily supported by the efforts of telecom operators and the government to develop the 5G infrastructure
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