Against the backdrop of high Internet penetration and smartphone use, coupled with the widespread diffusion of credit cards, Korea has been leading the digital payment revolution, transforming itself into a cashless society.
Woosik Moon analyses the current and future development of digital payments and methods in Korea, ranging from CBDC, Internet banking, payment cards, and digital wallets to crypto-assets. Moon explores a wide variety of new issues, covering not only digital payments instruments and the digital industry but also the policy actions of the government and the Bank of Korea. He argues that Korea may eliminate coins from circulation through adoption of alternative digital instruments and methods, which is an important transitional stage towards a paper-free cashless society.
Offering a comparative perspective to existing studies of digital payments in US and China, this book will interest researchers and students in the field of monetary economics, financial innovation, and comparative economics.
| ISBN: | 9781032478500 |
| Publication date: | 11th August 2025 |
| Author: | Usik Mun |
| Publisher: | Routledge an imprint of Taylor & Francis |
| Format: | Hardback |
| Pagination: | 200 pages |
| Series: | Routledge International Studies in Money and Banking |
| Genres: |
Macroeconomics Research and development management Corporate finance Hospitality and service industries Digital and information technologies: Legal aspects Computer science |
Against the backdrop of high Internet penetration and smartphone use, coupled with the widespread diffusion of credit cards, Korea has been leading the digital payment revolution, transforming itself into a cashless society.
Woosik Moon analyses the current and future development of digital payments and methods in Korea, ranging from CBDC, Internet banking, payment cards, and digital wallets to crypto-assets. Moon explores a wide variety of new issues, covering not only digital payments instruments and the digital industry but also the policy actions of the government and the Bank of Korea. He argues that Korea may eliminate coins from circulation through adoption of alternative digital instruments and methods, which is an important transitional stage towards a paper-free cashless society.
Offering a comparative perspective to existing studies of digital payments in US and China, this book will interest researchers and students in the field of monetary economics, financial innovation, and comparative economics.
Digital Payments and the Cashless Economy features in the following genres: Macroeconomics, Research and development management, Corporate finance, Hospitality and service industries, Digital and information technologies: Legal aspects, Computer science
Digital Payments and the Cashless Economy is available in Hardback
Digital Payments and the Cashless Economy was written by Usik Mun and published by Routledge an imprint of Taylor & Francis
Digital Payments and the Cashless Economy has 200 pages
Yes it is part of Routledge International Studies in Money and Banking series
£154.79