Mostly no — Korea is one of the most card-friendly countries on Earth, and even street stalls increasingly take cards. Keep ₩50,000–100,000 in cash for traditional markets, small eateries and topping up your T-money card.
Foreign cards work in most shops, but some local web checkouts require Korean cards — that's when convenience-store cash payment or a prepaid travel card (WOWPASS, T-money) helps.
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