CONVENIENCE (87%), SPEED (54%) AND PROMOTIONS (35%) ARE THE TOP THREE REASONS FOR USING MOBILE PAYMENT SERVICES, ACCORDING TO MOBILE PAYMENT USERS IN SOUTH KOREA.SOUTH KOREA: TOP 3 REASONS TO USE MOBILE PAYMENT SERVICES, IN % MOBILE PAYMENT USERS, MAY 2016

CONVENIENCE

FAST PAYMENT PROCESSING SPEED

DISCOUNTS, PROMOTIONS, SPECIAL OFFERS

Note: does not add up to 100% due to multiple answers possible; only top three answers are shownSurvey: based on a survey of 259 respondents who used mobile payment services in the previous 6 months; ages 20-50Source: DMC, Digieco cited by Herald Corp, June 2016, taken from the report “Asia-Pacific Online Payment Methods: First Half 2016” by yStats.com

87%

54%

35%