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travel tips

Is Korea a Cashless Society? Why Koreans Pay by Card

November 3, 2026 by WHY KOREANS ARE
A hand tapping a transit card on a payment reader at a cafe counter in Korea

Is Korea cashless? Cash was only 15.9% of payments in 2024. See how a 1999 tax policy built cashless Korea and what visitors and expats should carry.

Categories Money Tags Bank of Korea, cash receipts, cashless, credit cards, T-money, travel tips, year-end tax settlement Leave a comment
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