Arab Today, arab today credit card spending up 109in h1
Last Updated : GMT 06:51:55
Arab Today, arab today
Arab Today, arab today

Credit card spending up 10.9 % in H1

Arab Today, arab today

Arab Today, arab today Credit card spending up 10.9 % in H1

Seoul - Yonhap

The use of credit cards by South Koreans rose 10.9 percent in the first half from a year earlier as more people tapped cards for their transaction convenience and due to the economic recovery, the central bank said Wednesday. Credit card spending amounted to 1.46 trillion won (US$1.35 billion) per day in the January-June period, compared with 1.32 trillion won a year earlier, according to the Bank of Korea (BOK). The data is based on spending via plastic money at home and abroad, issued by local credit card firms.

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