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

  • Keolis wins mass transit contracts in Lyon and Nîmes
    April 5, 2024
    Six-year deals in French cities include bus, trolleybus and on-demand operations
    Read More
  • US 511 system, the future of traveller information?
    April 23, 2013
    What started out at the turn of the millenium as a simple dial-up travel information service has grown out of all recognition in the digital age. Pete Goldin surveys the development to date of the US 511 traveller information system. In a little over a decade, 511 has gone from its original intent – a collection of recorded messages accessible via phone for pre-trip planning – to a network of dynamic traveller information services provided by states and cities throughout the US, offering access to a wide v
    Read More
  • TriMet to beta test new mobile ticketing app
    April 5, 2013
    Portland, Oregon, public transit services provider plans to begin testing the new TriMet tickets mobile app later this spring that will allow riders to conveniently buy and use fares from their smartphones. The agency is now taking applications from volunteers for the beta test of the mobile ticketing app designed by local software company GlobeSherpa. Bus, Max and Wes commuter rail passengers will be able to buy fares instantly, anywhere, at any time using an iPhone or Android phone, by downloading the fre
    Read More
  • New ticket purchase methods expected to drive advance of US public transit
    April 2, 2015
    New analysis from Frost & Sullivan, Strategic Analysis of the US Automated Fare Collection Market in Rail and Urban Transit Systems, finds that the market earned revenues of US$324.5 million in 2014 and estimates this to reach US$634.8 million by 2021. The rising cost of fare management, coupled with the increasing presence of computing, sensors and connected devices, have made public transit systems more accessible to end users, thus boosting interest in automated fare collection (AFC) systems. With 33
    Read More

Highlighted Content