According to resources β GDP in South Korea is rising with a growth rate of 3% and internet penetration reached % .along with the smartphone penetration that is 72%.
Top E-commerce players in South Korea are Gmarket, 11Street, and Auction. Online domestic purchasing crossed $100 Billion in sales and cross-border crossed $3 Billion in sales.
Samsung Pay and Naver pay are the most widely used mobile payment methods used in South Korea. The rest majority of people love to pay through credit or debit cards and bank transfers.
South Korea is among the best places to start your E-commerce journey.
Want to Start Your E-commerce Business?
Whomsoever wants to start their E-commerce journey β USA Business helps everyone whether you are an individual or a business toΒ set up an E-commerce online store in South KoreaΒ along with Shipping | Warehouse | Inventory management |payment gateway and company incorporation + banking to run a successful E-commerce business.