Starting on Thursday, instead of accepting small change from purchases, customers at selected stores can instead opt to deposit it onto prepaid cards such as transportation cards, the Yonhap news agency reports . This means that customers won't have to carry change in their pockets after making cash payments, the Bank of Korea (BOK) says.

Some of South Korea's major convenience stores are taking part in the scheme and, if the initial trial is a success, bank officials plan to allow change to be remitted straight into bank accounts by next year. According to the Korea Herald , nearly two-thirds of people surveyed by BOK say they don't carry coins any more, with half of those polled supporting plans for a coinless society.

One of the major drives behind the move - apart from the convenience to the public - is the cost of producing the coins balanced against their actual value. The lowly 10 won coin represents the equivalent of around half a British penny; while the largest value coin is 500 won, worth around 35p, or 44 US cents. The lowest value bank note is 1,000 won. According to BOK, the country spent 53.7 billion won ($47m; £36.7m) on producing coins in 2016.