Internet banking customers up 8.5% in 2022 on mobile service use

• Published date: 07 March 2023
• Publication title: The Korea Times

The number of customers for internet banking in Korea continued to grow in 2022 as more online services are available and people prefer transactions on the go, central bank data showed Tuesday.

Registered customers for mobile banking totaled some 207.04 million at the end of last year, up 8.5 percent from a year earlier, according to the data from the Bank of Korea.

The figure includes multiple accounts held by customers.

The daily average transactions made through the internet came to 76.3 trillion won ($5.9 billion), an 8.2 percent increase from the prior year, the data showed.

The number...