Trend of the Transportation Card Industry in KOREA

Similar documents
WBS AFC Standard SW Solution Development

01LG Corp. Overview. Korea Employee 125,000 Plants 40 R&D Center 70. Overseas Employees 88,000 Local subsidiaries Plants : 50 -R&D: 20

Korea Smart Card Status And Proposal

eb Co., Ltd. Presentation BOT Strategy

The 22nd Conference of Asian Credit Supplementation Institution Confederation November 9 13, 2009 Taipei, Taiwan (R.O.C.)

Transportation.

NACF Credit & Banking Business June 2009

History and Background of Credit Card in Korea

AFC BUS TAXI BIS. Solutions for Traffic Information and Fare Collection

A Secure and Open Solution for Seamless Transit Systems

EXPANDING PRESTO ON TTC: STATUS UPDATE

Mobile Commerce. Deepankar Roy, Ph.D. National Institute of Bank Management, Pune, India

Business Case for the New Electronic Payments Program

Nurturing people with greater love to build better financial security

Head Office Seoul Office

NFC, just a Payment Tool?

Design and Implementation of In-house Mobile Electronic Cash in Universities

Less is More: Streamlining Commerce for the Campus Advantage

Low Carbon Society toward 2050 Project

Information Note. Summer School on Sustainability Transition Policies and Practices 22 July - 2 August 2013 in Incheon, Republic of Korea

The Future of Retailing in Philippines to 2015

U.S. Mobile Payments Landscape NCSL Legislative Summit 2013

Payment Systems in Public Transport. SASITS Workshop Innovation Hub 12 October 2005

NEXT GENERATION TRANSIT TICKETING

NGIS in Korea. National Geographic Information System in Korea

Smart Card Fare Payment Solutions For Public Transportation

Worldwide Smart Card Implementations using GlobalPlatform Standards

Gemalto Mifare 1K Datasheet

Healthy Urban Planning in Seoul, Korea

Mobile Wallet Platform. Next generation mobile wallet solution

Inside the Mobile Wallet: What It Means for Merchants and Card Issuers

Kookmin University, Exchange Student Guide

Store Logistics and Payment with Near Field Communication

Transportation Information

Mobile Financial Services Business Ecosystem Scenarios & Consequences. Summary Document. Edited By. Juha Risikko & Bishwajit Choudhary

A Study on Commercialization of Combined Broadcasting and Telecommunication services utilizing HFC Network

Electronic ticketing the key to linking different means of transportation

mobile transaction solutions

WHAT IS THE TRANSITCHEK... CARD? MANAGING YOUR CARD ONLINE TransitChek Card User s Guide

Brazil Illustration: Expense Management

Italy - A Case Study in Online Payments

Hitting the N-Mark with NFC

Best Practice: Eco-Mileage System

Chonbuk National University

NFC in Public Transport

The Future of Retailing in UK to 2015

Prepaid Charging Is Graduating to a Starring Role in Interactive Services

Emerging gtrends and Innovation in Payments

Technology and Mobile Payment Service Providers Landscape in India

Travelling with Bank of Communications UnionPay Card to Enjoy Global Privileges

1PAY.,Co LTD. Quick connect, Pay flexible

Mobile Payment Ecosystem ITI

VENTRA GROUP SALES. FAQs. What options do I have for Group Sales? Frequently Asked Questions

An NFC Ticketing System with a new approach of an Inverse Reader Mode

IoT Management Solution icignal IoT

Mobile Payment: The next step of secure payment VDI / VDE-Colloquium. Hans-Jörg Frey Senior Product Manager May 16th, 2013

Exploring the Impact of Mobile Messaging in the Travel and Hospitality Industry

Contactless Payments. Björn Salomon-Sörensen, Account Director - Swedbank November 11, 2015

RF-Enabled Applications and Technology: Comparing and Contrasting RFID and RF-Enabled Smart Cards

NFC in Transport for London

Merchant Services Payment Solutions for Your Business

Prepay Solutions (PPS)

The Externality of Driving Luxury Cars

Fare collection technology should be considered in a broad context

Tehran Traffic Control Company. Shabnam Farahani Tehran Traffic Control Company. Farshad Jalali Tehran Traffic Control Company

Smart City Solutions

We make cards and payments work for people as a part of everyday life. We bring information to life

CHAPTER 6. Learning Objectives. Learning Objectives. E-commerce Payment Systems. Types of Payment Systems

Social Media Payment Applications. June 6, 2011

Hydrogen and Fuel Cells in Korea

The SIA Standards Roadmap describes the strategies for achieving the mission and enhancing stakeholder participation.

Concept of Debit Card as a means of payments in Malaysia. The acceptance of electronic payment systems among Malaysian consumers

SAFE SYSTEM: SECURE APPLICATIONS FOR FINANCIAL ENVIRONMENTS USING MOBILE PHONES

Cards and e-commerce payments in Macedonia. Ohrid June 2012

Establishment of National GIS of Korea

Creative Factory. Big, Bigger, Biggest. Databases, the wisdom of the digital big bang.

The Future of Prepaid Wireless

Ready to communicate with a better tomorrow. AHRANTA COMPANY INTRODUCTION. Copyrightc AHRANTA All Rights Reserved.

EMV Transit White Paper The Ticket to Global Mobility

A guide to your new tram service

DENOMINATIONS OF BANKNOTES & COINS

Established in 2011, Simpa Networks is a venture-backed technology. Case Study. Simpa Networks Clean energy through mobile payment

KCC announces 'Comprehensive Plans for Smart Mobile Security'

Microsoft Identity Lifecycle Manager & Gemalto.NET Solutions. Jan 23 rd, 2007

KT s Business Strategies toward the UBB Era

Army and Air Force Exchange Service - Strategic SWOT Analysis Review

Seoul CITIES ALLIANCE. Seoul s Owl Bus Based on Big Data Technology

INTEGRATION AND REGULATORY STRUCTURES IN PUBLIC TRANSPORT CASE STUDY BRUSSELS CAPITAL REGION

Mobile Applications and OpenTravel Specifications

Case Studies. National Identity Management Commission (NIMC), Nigeria eid Consulting for national ID system

Contactless Payment and the Retail Point of Sale: Applications, Technologies and Transaction Models

"Owl Bus" Based on Big Data Technology. The Seoul Night Bus, also known as the "Owl Bus," is the brand name of the city s intra-city buses

MIFARE CONTACTLESS CARD TECHNOLOLGY AN HID WHITE PAPER

MasterCard Worldwide U.S. and Interregional Interchange Rates. Rates and Criteria Effective as of October 2006

Frequently Asked Questions

Information 12th PanCare meeting in Amsterdam Oct 1 st -2 nd 2013 PanCareSurFup Oct 2 nd -3 rd 2013

Emerging Trends in the Payment Ecosystem: The Good, the Bad and the Ugly DAN KRAMER

NFC Near Field Communication

Residential Development Travel Plan

EZ-Link Pte Ltd - A Contactless Smart Card Business Beyond Transport

Transcription:

Trend of the Transportation Card Industry in KOREA Seung Hyeon Oh COMPANY (e-mail : jakeoh@kotcia.or.kr) L O G O

Contents Overview of Korea transportation card industry association History of transportation card Overview of transportation card industry Trends Expansion to a micropayment NFC(Near Field Communication)

Overview of KOTCIA Designation Establish Chairman Headquarter KOrea Transportation Card Industry Association Dec. 2010. CEO of Korea Expressway Corporation Seoul, Korea Members - 40 Corporations Prepaid (KSCC, ebcard, etc.) Credit Card (KB Card, Shinhan Card, Lotte Card etc.) IT service (SAMSUNG SDS, LGCNS, LDCC etc.) Media(Ubibelox, Biosmart etc.) terminal supplier, Chip vendor (Infineon, STM, SAMSUNG etc) Mission Support One Card All Pass ( 全國互換 ) Support international and domestic activities Saturated public transportation card industry

History of transportation card Establishment Stage ( 96~ 97) Appearance of transportation Card 96. The first transportation Card System(Seoul) Growth, stabilization Stage ( 98~ 04) Provided and developed the technology and infrastructure 98. The first transportation Card System(Busan) 00. The discount system 01. The Transfer discount system 03. Hipass 04. Opening of Seoul New Transportation System(KSCC) Lead, Jump up Stage ( 05~ ) Expended service area and scope 08. Transfer System Service open (KSCC-EB-) 08. The establishment and notification of One Card All Pass Master Plan(MLTM) 11. One Card All Pass Open (Gwangju-Hanpaysys)

History of transportation card BUS Token : 77~ 99 Ticket : 79~ 04 RF Card( 96 ~ ) Card based NFC( 12 ~ ) Used 129 of 165 cities and towns (78%) Demonstration 12 Subway Ticket: 86~ 09 Bus Subway Mobile Card

Overview of Transportation card industry Prepaid card companies (by regional groups) Issuance status of Transpotation card * 2011 Inchon EB Card Gyeong-gi EB Card Seoul KSCC UPASS Gangwon EB Card Company Accumulated issuance number (10 Thousand) % ChungNam EB Card JeonBuk Gwangju Hanpaysys JeonNam ChungBuk Daejeon Hana Bank GyeongBuk Cardnet Upayment Topcash Daegu KSCC Cardnet Upayment Ulsan GyeongNam Busanhanaro Busanhanaro Busan Topcash Busanhanaro Total 10,824 100 UPASS 3,090 29 KSCC 3,512 32 EB Card 1,521 14 Jeju KSCC Expressway Hipluscard 2,701 25

Transportation card T-money UPASS Cash bee MYbi Hanaro Card Daekyung Card Toppass hanpay Hanggumi Card Top cash K-CASH hi-pass+ Glory Card Credit Card Disposable Card Structure of Card Accessory Cards

Overview of transportation card industry Amount of Transportation card payment(2010) About 7 Trillion Won Total sales figures(2010) About 2,500 Million Won (unit : trillion Won) (unit : 100 million Won)

Overview of transportation card industry The transportation card can be used in commerce and public service CVS Fastfood Theater University Vending Machine Customer Bus Transaction Data Payment Mobile/Telecom Subway Transaction Data Operating Center Transaction Data Bank Prepaid card Credit card Taxi Payment Payment EXP. way Payment Transaction Data Credit Card One Card All Pass 하나의카드로모두이용 Complaints commission Parking lot National park Sports Prepaid Card AFC(Automated Fare Collection) : 자동요금징수

One Card All Pass ( 交通 Card 全國互換 ) Main agent Timescale Ministry of land and transport and maritime affairs 2009 ~ 2013 Participant Local Governments, Public transportation operators, Rail transport operators, Expressway operators, Transportation card operators Vision One transportation card is available for public transportation in every city nationwide Target Public transport(bus, urban rail), expressway tolls, railway, intercity bus Step Standardization and development of technology Build Infrastructure Compatibility between operators * Build infrastructure is in progress

One Card All Pass ( 交通 Card 全國互換 ) Development and dissemination of standards Standard card (KSX6924) Prepaid card/credit card User file structure Establish the key management measures and define the encryption algorithm Define the command and protocol Develop additional information (railway, express way toll) Standard purchase SAM (KSX6923) Transportation cards are available all operators Establish the key management measures and define the encryption algorithm Define the command and protocol Standard Terminal Mutual settlement system Transportation card usage collection system

Expansion of the micropayment Saturated public transportation card industry Now completed 129 of 165 cities and towns Difficult to launch in other regions (regional monopolies) Expansion to a commerce Target to mainly large chains Store micropayment CVS, fastfood, bakery, bookstore, movie theater etc. Expansion to a public service and on-line Public facilities, Parking lot etc. Open market, portal, game, entertainment, webhard etc.

NFC(Near Field Communication) Types of NFC services in the future life 8:00 AM Transportation card 11 12 1 10 9 2 3 8 4 7 6 5 11 12 1 10 9 2 3 8 4 7 6 5 Order and pay by smart menus 12:00 AM 11 12 1 10 2 9 3 8 7 6 4 5 by LBS, obtain restaurants & discount store 6:00 PM 11 12 1 2 3 4 7 6 5 10 9 8 Lookup mobile household account book 10:00 PM 1 12 1 10 1 2 9 3 8 4 7 6 5 1 1 2 1 10 1 2 9 3 8 4 7 6 5 11 12 1 10 2 9 3 8 4 7 6 5 11 12 1 10 2 9 3 8 7 4 6 5 Mobile Pass` Using mobile vouchers at CVS Mobile Transfer Mobile shopping and delivery 9:00 AM 1:00 PM 4:00 PM 7:00 PM

NFC Growth of the domestic Smartphone users Growth of the the world Smartphone users 2010 2011(e) 2012(e) 2013(e) 2014(e) Approximately 40% of the entire mobile phone in 2014, Expected that Smartphone subscribers in * Expected share in 2014 Korea in 2014, will be more than 50% of the total population of Korea Smart phone 41.5% feature phone 58.5% Smart phone 28.2% feature phone 71.8 Smart phone 31.7% feature phone 68.3% Source : Gartner, IDC, Strategy Analytics; KISDI, Korea Communications Commission

NFC Enable the government-leding initiatives Established the "Korea NFC Standardization Forum (June. 2011) Launched mobile card pilot project (Nov. 2011) Expands 7 Strategies merchants (2012) GS Retail(CVS), E-Mart, LotteMart, HomePlus (Discount store), GS Caltex, Skenclean(Gas station), SPC(Bakery) Launches the mobile postpaid transportation card (2012) Introduction of international patent Security systems, authentication, and compatible communication protocols, etc. can be applied directly to the application business ISO/IEC 13157-1, ISO/IEC 13157-2, ISO/IEC 18092 ISO/IEC 21481, ISO/IEC 22536, ISO/IEC 23917, ISO/IEC 28361

COMPANY L O G O