ICO WeWing

WeWing Platform is building MaaS (Mobility as a Service) that leads personal mobility. Starting with the electric scooter service, WeWing is expanding its business areas to electric vehicle charging, call taxis, shared bicycles, and transportation services. By building the platform with our own IT solution, we were able to reduce costs by more than 15–20% compared to other competitors. As much as the cost saved, we want to benefit more users and expand the ecosystem.

We predicted the revitalization of personal mobility from 2020 and participated in the business. Currently, 500 electric scooters are installed and operated in 55 locations, mainly in Busan, South Korea. In the second half of 2022, 500 units will be installed for the transit hub construction project in Busan City. In addition, We will expand our business by installing our electric scooter centered on the transit hub and major universities in major cities nationwide by the end of 2025 in South Korea.

WeWing has a Tagless Payment solution. In South Korea, iOS users can't pay via NFC, therefore, they have no choice but to use QR Code or Bar Code payments is lacking security and convenience. However, WeWing's technology supports Tagless Payment using BLE communication without tapping.

WeWing has its own mobile transportation card solution and technology, has been providing transportation card solutions in South Korea for several years, and commercialized the first iOS mobile transportation card technology in South Korea. WeWing will first apply the integrated payment platform to its own electric scooter, electric charger, and call taxi business, and then apply the integrated payment platform to partner companies' electric scooters, and electric vehicle charging stations, and delivery apps.

WeWing will provide a mobile transportation card service to reduce the contract and development performed by partners and to increase the platform loyalty of partners. In addition, we plan to provide services such as payment and point accumulation using Wings Token, and through this, we will receive an appropriate fee for using the integrated payment platform (2-3% of the payment amount) from our partners.