south korea cashless

Oct

Kakao Pay prepares for IPO in 2021

Kakao’s fintech ecosystem is coming into its own. The key units, the Kakao Pay e-wallet and digital bank Kakao Bank, are both gearing up for IPOs in 2021. Kakao Pay is slated to list first, in what will also be the first time a Korean mobile payments firm goes public.…

Aug

Asia Payments Research

South Korea goes cashless all over again

South Korea is going cashless. Again. This time it’s e-wallets and digital banks driving the trend, not credit cards. South Korea is already one of the world’s most credit-card friendly countries. By some estimates, it has the world’s highest credit card penetration rate. South Korea also has the world’s highest…

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south korea cashless