Atec Mobility

Atec Mobility (Korean: 에이텍모빌리티) is a South Korean company specializing in transportation card terminals and financial automation equipment. It was established on July 17, 2015, through a spin-off of the transportation card solution business from its parent company, Atec. The company is known for building and maintaining the transportation card system for Seoul, including the payment terminals used by T-money, South Korea's dominant transit card. In addition to its transit payment business, Atec Mobility manufactures and sells financial automation machines such as ATMs, cash dispensers (CDs), and teller cash recyclers (TCRs) for financial institutions and public organizations. In 2017, together with its affiliate Atec, it acquired the ATM division of LG CNS. On March 24, 2023, the company changed its name from Atec T&M to Atec Mobility. The company is listed on the Korean stock market and is considered a related stock to politician Lee Jae-myung due to the friendship between its parent company's largest shareholder, Shin Seung-young, and Lee Jae-myung.

Atec Mobility was established on July 17, 2015, as a spin-off from Atec's transportation card solution division. The new entity took over the development and maintenance of transportation card terminals, notably the payment terminals for T-money, the primary transit card system in Seoul. In 2017, Atec Mobility, together with its affiliate Atec, acquired the ATM business division of LG CNS, expanding its presence in the financial automation equipment market. The company produces and sells ATMs, cash dispensers (CDs), and teller cash recyclers (TCRs) to financial institutions and public organizations. On March 24, 2023, the company changed its name from Atec T&M to Atec Mobility. The company is listed on the Korean stock exchange and has been noted in the market as a related stock to politician Lee Jae-myung due to the personal connection between Atec's largest shareholder, Shin Seung-young, and Lee Jae-myung.

• Established through a spin-off of Atec's transportation card solution business.

• Acquired LG CNS's ATM division jointly with affiliate Atec.

• Changed company name from Atec T&M to Atec Mobility.

A specialized provider of transit payment infrastructure and financial automation solutions in South Korea.

• Transportation card terminals

  Payment terminals for T-money, the Seoul transit card system.

• ATMs

  Automated teller machines for financial institutions and public organizations.

• Cash dispensers (CDs)

  Cash dispensers for financial institutions.

• Teller cash recyclers (TCRs)

  Teller cash recyclers for financial institutions.

1. 1Atec Mobility - Wikidatawikidata.org
2. 2에이텍모빌리티 - Wikipedia (Korean)ko.wikipedia.org