concept   currency
culture   South Korea
statement   In South Korea, cashless transactions are preferred over paper currency, using mobile payments and contactless cards.
8 similar statements
# Concept Culture Statement Freq.
1 ancient currency ancient Korea Rice was both a form of currency and a symbol of wealth and prosperity in addition to the use of coins. 1
2 currency South Korea Cashless transactions are common, with mobile payments and contactless cards predominating 1
3 currency South Korea Mobile payment systems and contactless technology are widely embraced for daily transactions. 1
4 currency South Korea Paper bills and metal coins commonly used for transactions and exchange of goods and services, with a focus on cleanliness and neatness of the currency. 1
5 digital currencies South Korea Embraced by the population as a common method of payment, with widespread acceptance by businesses 1
6 digital currency South Korea Embraced as a natural progression of technology and finance 1
7 monetary transaction South Korea Frequently conducted using cash, even for large purchases. 1
8 paper currency South Korea People often prefer cash for transactions over electronic payment methods. 1