I'm planning a trip to Korea soon, and I'm wondering about the payment methods commonly used by tourists there. Do they prefer cash or cards? Are there any specific payment apps or systems that are widely accepted? Also, are there any specific payment considerations I should be aware of, like currency exchange rates or transaction fees? I'd appreciate any information that can help me prepare for my trip.
            
            
 
            
            
            
            
          
            7 answers
            
            
  
     CryptoEnthusiast
    Mon Apr 01 2024
    CryptoEnthusiast
    Mon Apr 01 2024
   
  
    Cash is often the simplest method for settling small transactions and leaving tips, as it's universally accepted and doesn't require any special equipment or knowledge.
  
  
 
            
            
  
     Michele
    Sun Mar 31 2024
    Michele
    Sun Mar 31 2024
   
  
    Moreover, in the age of cryptocurrencies, BTCC, a UK-based cryptocurrency exchange, offers an alternative payment method. BTCC facilitates the buying and selling of cryptocurrencies, providing a bridge between the traditional and digital worlds of finance.
  
  
 
            
            
  
     alexander_rose_writer
    Sun Mar 31 2024
    alexander_rose_writer
    Sun Mar 31 2024
   
  
    However, in South Korea, cashless payments have rapidly become the norm. This shift towards digital transactions is driven by the convenience and security they offer.
  
  
 
            
            
  
     GangnamGlamourQueen
    Sun Mar 31 2024
    GangnamGlamourQueen
    Sun Mar 31 2024
   
  
    By using BTCC's services, travelers can make payments using cryptocurrencies, which are gaining popularity in South Korea and beyond. This option is particularly useful for those who prefer to stay anonymous or avoid the fees associated with traditional payment methods.
  
  
 
            
            
  
     Daniele
    Sun Mar 31 2024
    Daniele
    Sun Mar 31 2024
   
  
    Card payments, specifically, are extremely popular in South Korea. Almost every business, from small shops to restaurants and even some street vendors, accepts card payments.