SKorea’s card spending slows
SEOUL: South Korea’s plastic card spending growth slowed last year due to sluggish domestic demand, central bank data showed on Monday. The daily average spending through credit, check, debit and prepaid cards gained 6.2 percent from a year earlier to 3.3 trillion won ($2.5 billion) in 2023, after expanding 12.7 percent in the previous year, […]
T Kauer 
SEOUL: South Korea’s plastic card spending growth slowed last year due to sluggish domestic demand, central bank data showed on Monday.
The daily average spending through credit, check, debit and prepaid cards gained 6.2 percent from a year earlier to 3.3 trillion won ($2.5 billion) in 2023, after expanding 12.7 percent in the previous year, according to the Bank of Korea (BOK).
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