Daily Easy Payments Surpass 1 Trillion Won Amid 15% Surge

The average daily transaction value for easy payment services, which utilize passwords or biometric information, has surpassed 1 trillion won. According to the 'Status of Easy Payment and Remittance Services' released by the Bank of Korea on the 20th, last year's average daily transaction volume for easy payment services was recorded at 35.57 million cases, with a transaction value of 1.10525 trillion won. These figures represent a year-on-year increase of 14.9% and 14.6%, respectively, indicating an overall rise in the use of payments and remittances via convenient authentication methods such as fingerprint or facial recognition.

By service provider, the growth of e-financial service providers such as Naver Pay and Kakao Pay was notable. The average daily transaction value through e-financial providers reached 606.41 billion won, expanding their share from 50.5% to 54.9% compared to the previous year. In contrast, the share of usage by mobile phone manufacturers and financial institutions saw a slight decline. Last year, services through mobile phone manufacturers accounted for 23.7% of the total with an average daily transaction value of 261.56 billion won, while financial institutions recorded 21.5% with 237.28 billion won.

According to the '2025 Credit Financial Company Business Performance' released by the Financial Supervisory Service, the net profit for eight dedicated card companies last year decreased by 8.9% year-on-year to 2.3602 trillion won. During the same period, card approval amounts increased by 4.7% to 1,266.1 trillion won, but revenue from merchant fees decreased by 442.7 billion won.