South Korea’s daily average account transfers through the retail payment system rose 26.8% year on year to 127.9 trillion won in the first half, according to Bank of Korea data released on the 29th. Electronic banking transfers climbed 28.8% to 118.4 trillion won, driven by growth in internet and firm banking, while mobile transactions accounted for 90.7% of internet banking activity. Daily card payments rose 7.6% to about 3.8 trillion won, and payments made without presenting a physical card reached 1.789 trillion won, or approximately $1.3 billion, exceeding card-present transactions. Easy payment services, which store card information and authenticate users through methods including fingerprint verification, accounted for 52.6% of non-physical payments.