Apple Pay set to launch in Korea

Apple Pay logo

Apple Pay will go live in South Korea with support from Hyundai Card in the next few months, according to local media reports that cite statements from the two companies... More


Apple Pay to start pilot rollout in South Korea

Apple Pay logo

Apple Pay will begin a limited pilot rollout in South Korea this week, initially for online payments and with offline payments to follow, according to advertisements seen in the capital Seoul and reported by local media outlets... More



Bank of Korea reports slow transaction processing times in DLT digital currency pilot

Bank of Korea logo

The Bank of Korea (BOK) is to review additional central bank digital currency (CBDC) design options after its 10-month experiment to test a retail CBDC based on distributed ledger technology (DLT) revealed “limitations of scalability” such as slow processing times during periods of high transaction volume when compared with a more conventional centralised ledger database, the bank says... More



Samsung Wallet to expand to 13 more countries

Samsung Wallet on phone with person paying using mobile phone

Samsung Wallet is to roll out in Bahrain, Denmark, Finland, Kazakhstan, Kuwait, Norway, Oman, Qatar, South Africa, Sweden, Switzerland and the United Arab Emirates, enabling users to store their digital payment, loyalty, membership and identity cards, digital keys, boarding passes and other credentials on their compatible Samsung Galaxy smartphone... More






Transit Ticketing Today

Korean buses roll out ‘tagless’ Bluetooth fare payments

Gyeonggi-do Province Transportation Bureau in South Korea has officially launched a ‘tagless’ fare payment system that uses Bluetooth technology to detect a Bluetooth signal from a passenger’s smartphone when they board and alight from the vehicle and then automatically charges their pre- or post-paid transit card for their fare... More



South Korea pilots mobile driving licences

Men holding smartphones showing South Korea's mobile driving licences

South Korea’s Ministry of the Interior and Safety and the Korean National Police Agency have begun trialling a mobile driving licence prior to a national rollout and as a first step towards the introduction of other state-issued digital ID documents... More




What's New in Payments

More than half of Asia Pacific consumers make digital payments at least once a week

Survey graph showing percentage of Asia Pacific consumers making digital payments on named devices

Nine in 10 consumers in the Asia Pacific region have used mobile payment apps at least once during the past 12 months, while more than half have used digital payment methods at least once a week and a sixth have made a digital payment for the first time since the beginning of the Covid-19 pandemic (15%), according to research published by Kaspersky... More