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

  • Improve and increase mass transit systems to minimise congestion
    January 24, 2012
    Rather looking to solve congestion by spreading the load, perhaps we need to look at concentrating it. Michael L. Sena writes. We humans were made to walk and run at embarrassingly slow speeds by comparison with other, more fleet-footed organisms. The sea is not our natural habitat and we were definitely not designed to fly unaided. Nevertheless, humankind has evolved a method of living during the past century that is dependent on transporting its members over very long distances during relatively short per
    Read More
  • Tolling: it’s time to open up
    May 24, 2023
    Europe sees more and more tolling schemes being implemented based on GNSS technology and an ‘open marketplace’ model. What are the drivers behind this trend and do those schemes show how toll systems will look in the future? Peter Ummenhofer of Go Consulting goes out on the road
    Read More
  • London transport to get contactless payment
    July 28, 2014
    Millions of customers are set for easier and more convenient journeys from 16 September, when Transport for London (TfL) will introduce contactless payments for all pay as you go customers on the Tube, London Overground, DLR and trams in addition to the capital's buses. The new option means that passengers will no longer be any need to top up Oyster card balances because fares are charged directly to payment card accounts. Contactless payments - credit, debit, charge or pre-paid cards or devices - work i
    Read More
  • Init helps Nottingham buses go cashless
    October 27, 2020
    The system received a 96% satisfaction score from more than 600 testers, firm says
    Read More

Highlighted Content