What is the best way to pay in Korea for foreigners?

Efficient and convenient, credit and debit cards are perfect for travelling and naturally, widely accepted in South Korea. Most places will have the facilities to cater to card payments but when you're paying for smaller transactions (below ?10,000), some merchants may not accept cards.



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Changing your money to South Korean Won prior to your trip would be ideal but you can also exchange foreign currency at any of the South Korean banks, currency exchange desks at Incheon Airport and Gimpo Airport, or in tourist areas like Myeongdong, Itaewon, and Dongdaemun – all of which are located in Seoul.

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All taxis in Seoul accept credit, debit and cash payments, as well as Tmoney cards. Food, drink and smoking are prohibited during your taxi transfer.

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Past travelers have spent, on average, ?38,176 ($29) on meals for one day and ?21,533 ($16) on local transportation. Also, the average hotel price in South Korea for a couple is ?133,776 ($101). So, a trip to South Korea for two people for one week costs on average ?2,070,644 ($1,557).

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Chime (USA Only) Chime is a good debit card for international travel thanks to its no foreign transaction fees. Unlike multi-currency accounts like Revolut (which let you hold local currency), Chime uses the live exchange rate applied by VISA.

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