See All Payment Methods
Local and Alternative Payment Methods in South Korea
Population
51630000
Currency
South Korean Won
South Korea, with over 51 million people, is a booming e-commerce market. The currency is the South Korean Won (KRW), and the main language is Korean.
The e-commerce and online payment sectors are growing fast. For online merchants, using local payment methods is key to boosting sales. Familiar payment options make customers more likely to complete purchases, reducing cart abandonment, building trust, and enhancing security.
Benefits of Local Payment Methods:
- Increase sales.
- Reduce cart abandonment.
- Enhance customer satisfaction.
- Build customer loyalty.
- Gain trust and stand out in the market.
Offering local payment options connects you with millions of potential customers in South Korea and drives growth.
South Korea
Popular payment methods
Alipay
Wallet
A leading global payment platform offering secure, instant transactions, mobile payments, and money transfers, widely accepted for online and in-store purchases.
Visa
Cards
Widely accepted credit card offering secure payments, rewards, and global access. Ideal for everyday purchases, travel, and online shopping.
American Express AMEX
Cards
A premium payment method offering secure, global transactions with rewards, benefits, and customer protection for both online and in-store purchases.
Google Pay
Wallet
A fast, secure mobile wallet for contactless payments, online purchases, and money transfers, linked to your cards and accounts for seamless transactions.
PayPal
Wallet
PayPal is a secure online payment method that allows users to send, receive, and manage funds globally, using their bank account, card, or PayPal balance.
Tosspay Wallet
Wallet
Tosspay Wallet is a secure South Korean mobile wallet offering seamless, cashless payments, transfers, and online purchases, accepted across various merchants and services.
Apple Pay
Wallet
A secure, contactless payment method using your Apple Wallet for instant in-store, online, and in-app transactions, linked to your cards and accounts.
ALLSECURE GLOBAL
Cards
ALLSECURE GLOBAL provides secure, scalable payment solutions, enabling businesses to process online and in-store transactions worldwide with advanced fraud protection.
KakaoPay
Wallet
KakaoPay is a leading South Korean digital payment solution, allowing online merchants and consumers in Korea and abroad to easily transact securely.
Samsung Pay
Wallet
Samsung Pay is a global digital wallet enabling secure, contactless payments in stores and online, with wide acceptance worldwide.
Mastercard
Cards
Mastercard: A global payments company offering secure, fast, and convenient payment solutions for individuals and businesses worldwide.