GCOO, the operator of the electric scooter sharing service platform 'GCOOTER', and the transportation card 'Cashbee' operator Locomobility (CEOs Min-su Son and Jo-woo Jin), announced on the 3rd that they have signed an Memorandum of Understanding (MOU) for a partnership project related to public transportation settlement business and personal mobility sharing services.

The agreement ceremony held at Locomobility's headquarters in Jung-gu, Seoul, on the 2nd, was attended by key figures including G-Bike CEO Jong-su Yoon and Locomobility CEO Min-su Son.

Through this agreement, GCOOTER and Locomobility have promised to collaborate on multiple initiatives including ▲building an integrated transfer system between mobility services and public transportation ▲offering GCOOTER reservation/ticketing services within the Locomobility app ▲issuing HCE (Host Card Emulation) within the app for convenient fare payment ▲supplying public transportation-linked IoT modules.

If the contents of this agreement come to fruition, it is expected that a transfer service between personal mobility and public transportation can be implemented initially. Users will be able to search for the best route from their starting point to the destination including personal mobility through the Locomobility app, and conveniently reserve and pay for various modes of transportation displayed on the route all at once, as well as receive transfer discounts. This will solidify personal mobility’s role as the true 'last mile mobility' solution.

In addition, users will be able to operate the PM immediately by simply touching the scooter terminal after installing the Cashbee transportation card app on their smartphone, with payment being processed in one go. Previously, using GCOOTER involved the inconvenience of launching the GCOOTER app and scanning a QR code, but this process will be significantly simplified.

The agreement also includes applying Locomobility's public transportation-linked IoT modules to GCOOTER. If these IoT modules are installed on personal mobility devices, it is anticipated that even individuals in their 50s-60s, who are not familiar with using smartphones, will be able to use and return scooters conveniently just by tagging them with prepaid or postpaid transportation cards, similar to how one would use buses or subways.

G-Bike CEO Jong-su Yoon commented, "As personal mobility services were created to provide convenience for distances too far to walk and too close to ride, we are focusing on how we can let users use PM in the simplest and most convenient way as we enhance our services," and "through this business agreement with Locomobility, we will strive to make personal mobility an accessible mode of public transportation for everyone."