Vix Technology to develop Malaysia’s transit ticketing system

Australian transportation technology provider Vix Technology has won a US$14 million contract with the Malaysian government to unify payments for the country’s multiple transit operators under a single transport ticketing system. The scope of the deal will see Vix Technology design, install, operate and maintain the transit acquirer system (TAS) and business rules engine (BRE) for the new integrated cashless payment system (ICPS).
July 31, 2015 Read time: 2 mins
Australian transportation technology provider 647 Vix Technology has won a US$14 million contract with the Malaysian government to unify payments for the country’s multiple transit operators under a single transport ticketing system.

The scope of the deal will see Vix Technology design, install, operate and maintain the transit acquirer system (TAS) and business rules engine (BRE) for the new integrated cashless payment system (ICPS).

The ICPS will consolidate transit and micro-payments into a transit payments acquiring system and allow Malaysians who travel on the country’s current and future bus, rail, metro and monorail networks to use a single integrated smartcard to pay for all their travel.

The new system expected to roll out from early 2017, will make travel and payments quicker and easier for commuters, as well as tourists, who currently have to manage various prepaid accounts and card systems operated by several disconnected transit providers. The system will support both the Touch-n-Go Card as well as the new myDebit card currently being issued by Malaysian Banks.

For more information on companies in this article

Related Content

  • 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
  • Fare's fair for Conduent in Italy
    December 12, 2022
    Company introduces e-ticketing on top of contactless pay for Linee Lecco bus network
    Read More
  • ITF diagnoses South Asia’s breathing difficulties
    August 26, 2022
    One of the world’s fastest-growing regions faces major transport sector decisions if it is to avoid spiralling emissions problems in coming decades. Alan Dron takes a look at a new report on Asia from the International Transport Forum
    Read More
  • Cubic, EY, support London’s contactless transport
    September 17, 2014
    Cubic Transportation Systems and Ernst and Young (EY) have spoken in support of Transport for London’s (TfL) introduction of contactless payments on Tube, tram, DLR, London Overground and National Rail services that accept Oyster.
    Read More

Highlighted Content