Do you need cash in Seoul during yur trip to Korea?
Do you need cash in Seoul during yur trip to Korea?
One of the questions that may come to mind when planning a trip to Seoul is whether you need to carry cash with you. As technology and digital payment systems develop, it’s only natural to wonder if cash is still a necessity. In this article, we will discuss the importance of cash in Seoul by providing valuable information to help you navigate Seoul’s financial environment during your experience traveling to Korea.
Understanding Payment Environment.
South Korea is known for its advanced technology and highly developed infrastructure. In line with that, South Korea has largely embraced a cashless society. Most businesses, including hotels, restaurants, and retail stores, have easy access to credit and debit cards. Mobile payment systems, such as Samsung Pay and Apple Pay, are also widely used. However, the important thing is that the use of international credit cards can vary, especially in small facilities or more traditional markets.
ATMs and currency exchange stations.
While card payments are widely accepted, it is still recommended to carry some cash, especially for small merchants, local markets, and public transportation. ATMs are easily accessible throughout Seoul, and you can use most major credit and debit cards. However, it is always a good idea to inform your bank of your travel plans so that your card works smoothly abroad.
Currency exchange services are also available at airports, hotels, and banks. It is a good idea to compare exchange rates and fees before making a transaction to ensure the best transactions. Remember that using an ATM instead of a currency exchange counter often offers better rates.
Transportation and Tips.
In Seoul, public transportation is very efficient and is commonly used by both locals and tourists. Most bus and subway lines use cards, but it is always convenient to carry cash to pay for fares, especially when you take a small local bus or taxi. It is also important to note that tipping is not common practice in Korea, so most of the time you won’t leave a tip behind.
Emergency preparedness.
Holding cash can be especially useful in emergency situations where card payments are not possible, or in remote areas where access to digital payment systems is limited. In the event of an unexpected situation, it is recommended to carry your local currency reasonably.
Conclusion.
In conclusion, Seoul is mainly a cashless society, but carrying around a little cash is still practical and recommended. While card payments are widely accepted, especially in large facilities, cash will be useful for small vendors, local markets, transportation, and potential emergencies. By preparing a mix of digital and cash payment options, you can easily travel around Seoul during the Korean Go travel experience.