South Korean overseas plastic card spending stayed at $5.18bn in Q2, with travel demand down and online shopping up.
South Korean overseas plastic card spending remained at $5.18bn in Q2, unchanged due to a drop in travel demand offset by online shopping. Travelers decreased by 11.1% to 6.59m, but direct online purchases increased by 6.2% to $1.47bn. Despite the growth in direct purchases, overseas spending per card continued to decline.
August 27, 2024
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