T-money explained

T-money (One Dream-I Card)
티머니(한꿈이카드)
Location:South Korea
Launched:April 2004
Service 1:Rapid transit systems in Seoul Capital Area, Busan, Daegu, Daejeon
Service 2:Public transport bus systems in Seoul Capital Area (excluding Baengnyeong Island), Daejeon, Sejong, South Chungcheong, Daegu, Busan, Ulsan, Jeju etc.
Service 3:Taxis that have a card reader (Seoul Capital Area, Daejeon, Busan, Daegu, Ulsan, Gwangju, Jeju etc.)
Service 4:many Convenience stores
Sales Location 1:Subway stations
Sales Location 2:convenience store and kiosk
Sales Location 3:Korea Post, Credit union, Hana Bank, Shinhan Bank(Jeju Bank), and Woori Bank, KB Financial Group Inc, Nonghyup Bank
Currency:KRW
Credit Expiry:None
Maximum Credit:500,000 KRW
Automatic Recharge:available
Variant 1:T-money Mpass
Variant 2:POP card
Technology 1:ISO/IEC 14443 Type A/B
Technology 2:KS X 6923/6924
Operator:T-money
Manager:T-money

T-money is a rechargeable series of smart cards and other "smart" devices used for paying transportation fares in South Korea. T-money can also be used in lieu of cash or credit cards in some convenience stores and other businesses. The T-money System has been implemented and is being operated by T-money Co., Ltd of which 34.4% owned by Seoul Special City Government, 31.85% owned by LG CNS, and 15.73% owned by Credit Card Union.

Usage

Similar to its predecessor, the "Seoul Bus Card", T-money can be used to pay for bus, subway and some taxi fares. As of June 2024, T-money is accepted by:[1]

Additionally, shops and attractions including Seoul's four palaces (except Gyeonghuigung), Lotte World amusement park, Kyobo Book Centre, GS 25, CU/FamilyMart and other selected convenience stores accept T-money as payment method.

Card types

Standard

T-money cards cost 3,000 - 5,000 Won and can be purchased and recharged at metro stations, bank ATMs, convenience stores and kiosks located adjacent to bus stops. Self-service recharge machines are also available at Seoul and Busan metro stations.

In 2014, "One Card All Pass"-enabled T-money was introduced.[2] It holds "One Card All Pass" logo, and bears slightly different card number system compared to generic T-money. As of March 2016, "One Card All Pass" T-money is accepted at major retailers, most express bus and some intercity bus routes, express road toll booths, Korail stations, all metro systems, and all bus systems except Gimhae.

Discount cards

There are two types of discount cards available for sale, one for teenagers (age 13-18) and the other for children (age 7-12). One needs a proper ID such as a Youth Card or Student ID in order to purchase these cards. Discount cards must be registered via the Internet within 10 days after first use. Registration requires the number on the card, and a National ID number or Foreigner Registration Number. Senior citizens are entitled to free transportation and can pick up free tickets at ticket machine in Seoul metropolitan subway stations with proper ID.

T-money accessories

Smaller, more durable T-money cards with a lanyard for easy attachment to cell phones are also available, for about 6,000~8,000 won.

Related cards

Other cards

See also

External links

Notes and References

  1. Web site: KTO . Korea Tourism Organization . Transportation Cards : VISITKOREA . 2024-06-12 . Transportation Cards . en.
  2. Web site: 국토부인증 전국호환 티머니 카드 출시 안내 . 27 June 2014 . T-money . 20 March 2016 .