How much cash should I have in Korea?

Do I need cash in Korea?

While electronic payment methods are becoming more popular in South Korea, cash is still widely used and may be necessary in certain situations such as for small businesses, street vendors, taxis, and public transportation. Credit cards are widely accepted at larger businesses, but some may charge additional fees. Debit cards linked to international networks such as Plus or Cirrus are generally accepted at most ATMs in Korea. Mobile payment options such as Samsung Pay and Apple Pay have become increasingly popular. Tipping is not customary in Korea, and tax refunds are available for purchases made by foreign visitors. It's important to have some emergency cash on hand in case of unforeseen circumstances.

Question about South Korea

Do you need cash in Korea?

This article discusses whether travelers to Korea need to bring cash or if credit cards are widely accepted. While cash is still prevalent in Korea, credit cards are widely accepted at hotels, restaurants, and shops. However, many small businesses and street vendors only accept cash. ATMs are readily available for cash withdrawals, and foreign exchange options exist for those who prefer to exchange their money beforehand. T-money cards can be used for transportation without needing to carry cash around. Ultimately, the decision of whether to use cash or credit in Korea depends on personal preference and the situation at hand.