Are cheques common in your society? If not, what are the most common methods of payment?

Hello there Sir [이름]!

Wonderful essay once again.

It is really nice that the economy in Korea is good.

Yes, some Filipinos use credit cards, but there are times that makes their life more complicated.

Of course, they have to pay for it and sometimes they can\'t control in using those cards.

We have to be really conscious in spending money nowadays. Thanks for your great ideas.

Teacher Nina

We rarely use checks.

>> Correct

Credit cards and debit cards are widely used in Korea.

>> Correct

>> OR: Credit and Debit cards are widely used in Korea.

Cash is the second most popular method for transactions.

>> Correct

The government has implemented the regulation that offers a tax benefit to individuals who use credit cards.

>> Correct

When you use credit cards more than 20% of your total annual income, about the 10% of the excess of the 20% will be subtracted from your taxable income.

>> When you use credit cards more than 20% of your total annual income, the 10% of the excess of the 20% will be subtracted from your taxable income.

And there is also a maximum amount that could be deductible from your taxable income.

>> Correct

It is intended to crack down businesses that are committing a tax evasion via under-reporting their incomes.

>> Correct

Receiving cash makes the tax authority difficult to track their real incomes.

>> Correct

Especially young people tend to use credit cards even for small payment of a dollar.

>> Correct

>> OR: Especially young people tend to use credit cards even for small payment, even just a dollar.

However, small vendors, retailers, and shops do not welcome credit cards because they have pay the card companies the transaction fee that ranges from 2% to 5% whereas cash receipt does not incur such cost.

>> However, small vendors, retailers, and shops do not welcome credit cards because they have to pay the card companies, like the transaction fee that ranges from 2% to 5% whereas, cash receipt does not incur such cost.

>> However, small vendors, retailers, and shops do not welcome credit cards because they have to pay the card companies. And the transaction fee ranges from 2% to 5% whereas, cash receipt does not incur such cost.