“T-Money, owned and operated by a conglomerate including the Seoul City Government and LG, has quickly become the de facto cash alternative for Koreans all over the country. Not only can T-Money be used on trains, taxis and buses, it’s accepted in most major shopping chains, online, at vending machines, in bars and restaurants, and even at theme parks and museums. Its first incarnation as a contactless credit card has evolved into a huge variety of form-factors, including wristbands, keychains, and dongles. T-Money is part of the financial infrastructure of Korea, directly linked to bank accounts and debit cards everywhere.”
http://thenextweb.com/asia/2014/03/22/silicon-valley-cant-keep-koreas-financial-revolution/
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