Digital Payments and the Cashless Economy: Perspectives from Korea

Against the backdrop of high Internet penetration and smartphone use, coupled with the widespread diffusion of credit cards, Korea has been leading the digital payment revolution, transforming itself into a cashless society.

Woosik Moon analyses the current and future development of digital payments and methods in Korea, ranging from CBDC, Internet banking, payment cards, and digital wallets to crypto-assets. Moon explores a wide variety of new issues, covering not only digital payments inst...