Koreans have been found to use credit cards over 12 million times per day . The average number of transactions made by non - cash payment means including online banking has exceeded 30 million for the first time . According to the “ Payment Trend During 1 Q , 2008 ” released by the Bank of Korea ( BOK ) on Monday , the daily average volume and value of transactions made via credit cards were 12 . 06 million and 1 . 3 trillion won respectively -- up 18 . 8 percent and 15 . 9 percent compared to the same period of last year . The average number of transactions made via credit cards was 1 . 28 million per day and the average transaction value was 1 . 2 trillion won per day -- up 15 . 8 percent and 14 . 8 percent respectively compared to the same period of last year . As the popularity of check cards has particularly increased , the daily average volume and value of the transactions made via check cards were 1 . 72 million and 65 . 5 billion respectively -- up 41 . 4 percent and 41 . 7 percent compared to the same period of last year . Meanwhile , last year ’ s daily average volume and value of the transactions made by non - cash payment means including wire transfer were 30 . 37 million and 21 . 7 trillion won respectively . [ Eun - jung Kim / KHS ] [ ⓒ Maeil Business Newspaper & mk . co . kr , All rights reserved ]