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

  • Integration of travel payment and information closer to reality
    January 7, 2013
    Integration of travel payment and information is bringing utopia in management of transportation as a single intermodal system is closer to reality. Larry Yermack writes. For decades, transportation planners and ITS visionaries all believed that transportation would not be fully optimised until it could be managed as a single intermodal system. Relationships between modal operators left this more in the dream category than reality. However, the steady march of advances in payment technology have brought us
    Read More
  • Vix Technology to be Global Ticketing Partner for industry showcase
    January 8, 2015
    Vix Technology has been named Global Ticketing Partner for the Transport Ticketing & Passenger Information Expo and Conference Global Series in 2015 and will provide all delegates with a smart card ticket at the exhibition in London on 27-29 January. It is the first time that delegates will ‘tap-in’ and ‘tap –out’ at entry validators as they move throughout the exhibition and conferencing areas and in doing so qualify for competitions and incentives. The feature will give attendees first-hand experience
    Read More
  • Cubic Technology to upgrade Los Angeles Metro ticketing system
    October 30, 2014
    Cubic Transportation Systems is to upgrade the Los Angeles County Metropolitan Transportation Authority (Metro) TAP universal fare collection system to provide a Payment Application Data Security Standard (PA DSS) certified application as well as extensive system-wide hardware and software upgrades. The US$9 million contract is an add-on to the original Universal Fare System (UFS) awarded to Cubic in 2002 to deliver the TAP system. The initiative will support new payment applications and Metro's resulti
    Read More
  • Brooklyn eyes Bogota’s BRT system
    June 17, 2016
    David Crawford considers the increased interest in bus rapid transit and looks that the latest trends. Bus rapid transit (BRT) is gaining an increasingly high profile in the US public transport agenda, for two main reasons. One is the potential for ‘trains on wheels’ to save substantially on installation costs as compared with other modes such as underground metros or light-rail transit. Another, highlighted in the case of New York City, is the value of having a rapid surface-based alternative available whe
    Read More

Highlighted Content