CIMB bank to offer more toll pay options in Malaysia

Malaysian bank CIMB Group Holdings Berhad has entered an agreement which it says will provide drivers with more payment options at Plus Malaysia Berhad's expressways from 1 April 2020.
November 15, 2019 Read time: 1 min

The toll payment services will be facilitated Touch n' Go Sdn Bhd through the TNG RFID tag,

CIMB says the initiative will allow drivers to link their TNG RFID tags to bank accounts, credit cards, debit cards or the TNG e-wallet.

Datuk Azman Ismail, managing director at Plus, says the move will allow other modes to be considered over time, “thus ensuring the toll industry is always relevant with market practices”.

“RFID transactions will be real time, as our highway customers will receive immediate notification of their balance,” Ismail added.

TNG RFID services will be available in 10 open system toll plazas at Plus expressways by 1 January 2020.

CIMB and TNG intend to roll out open payments to all toll highway concessionaires across Malaysia in the future. Over time, this method of payment is expected to replace the TNG card that is being used on toll transactions across the country.

The service has been piloted at selected expressways since the beginning of 2019. Currently, there are over 700,000 RFID tags installed on vehicles across Malaysia which are linked to the TNG e-wallet.

Charging, Tolling & RUC

Related Content

  • APT Skidata upgrades shopping centre parking
    March 12, 2013
    Parking specialist APT Skidata has returned to refresh and substantially upgrade the parking technology at Castle Quay Shopping Centre in Banbury, Oxfordshire, UK, more than twelve years after it originally installed the centre’s parking systems. Castle Quay has over eighty retail units and two visitor car parks, offering a total of 820 spaces to the 700,000 shoppers that park at the centre each year.
    Read More
  • Here to lead vehicle hazard warning pilot in Finland
    July 1, 2015
    Mapping and navigation specialist Here has been selected by Finnish traffic agencies Finnish Transport Agency (FTA) and Trafi, the Finnish Transport Safety Agency to lead a pilot project to enable vehicles to communicate safety hazards to others on the road. Here will also work with traffic information management service company Infotripla in implementing the project, which will be the first to implement a road hazard warning messaging system as described in the Intelligent Transportation Systems (ITS)
    Read More
  • Global toll revenues $8.5bn while technology ‘battles’ continue
    April 9, 2014
    ABI Research’s Dominique Bonte talks to Jason Barnes about trends in tolling and how a wider appreciation of technology options is sorely needed. Global Electronic Toll Collection (ETC) solution revenues will grow to $8.5bn by 2018, with ETC becoming a main source of funding for both Intelligent Transport Systems (ITS) and Vehicle-to-X (V2X) cooperative infrastructures, according to a new report from ABI Research (Chart 1). But, says the report’s author, ABI Research vice president and practice director Dom
    Read More
  • Nashville chooses Init to install next-generation fare system
    May 16, 2018
    Nashville Metropolitan Transit Authority (MTA) has chosen Init to install its next-generation fare system. The solution is intended to offer passengers more convenient fare options and allow them to manage their account transactions and balances. Through the agreement, Init will implement its smart fare validators on approximately 270 vehicles and will install eight ticket vending machines (TVMs). The fare will be available across MTA’s fixed route buses and its AccessRide paratransit vans. Init’s back-of
    Read More

Highlighted Content