Cashless public transit pushes foreign business travelers to taxis

Cashless public transit pushes foreign business travelers to taxis

About 80 percent of transportation costs paid by foreign business travelers was spent on taxis last year, a report showed Sunday. This was because international credit and debit cards are not accepted as valid payment methods for Korea’s public transportation. According to a report by Visa, a global credit card and payment firm, about half of the offline payments made by foreign business travelers in Korea occurred in Seoul last year. In the tra…