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Back to South Korea
02South Korea

Money & Payments

South Korea is one of the most cashless countries on earth. Cards are accepted almost everywhere, and a transit card handles the rest. Carry a little cash only for traditional markets.

Currency

Korean won (₩)

Cards

Accepted almost everywhere

Transit card

T-money

Cash backup

₩50,000–100,000

Cards work everywhere

Foreign Visa and Mastercard are accepted at the vast majority of shops, cafes and restaurants — even small ones. Contactless is common.

Get a T-money card

Buy a T-money card at any convenience store, top it up with cash, and tap onto the metro, buses and even some taxis. It also pays at convenience stores.

Cash for markets

Traditional markets and street stalls may prefer cash. Withdraw won from ATMs marked "Global" at convenience stores and banks, which take foreign cards.

No tipping

Tipping is not expected in Korea. Prices are as marked, and service is included.

Useful phrases Phrases

How much is it?얼마예요?Eolma-ye-yo?
Can I pay by card?카드 되나요?Kadeu doe-na-yo?

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