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

  • RIPTA partners with Init for electronic fare management project
    February 8, 2018
    The Rhode Island Public Transportation Authority (RIPTA) has selected Init Innovations in Transportation (Init) to implement an account-based electronic fare and back-office revenue management system on their fixed route fleet of over 240 buses. The technology is designed with the intention of allowing passengers to board faster and have more convenient fare options. Additionally, RIPTA hopes to eventually transition most of its fare transactions to mobile, retail, web and agency-internal e-fare smartcar
    Read More
  • When caring about sharing is good business for US automakers
    October 28, 2015
    Although car-sharing and ride-sharing could drastically reduce car sales, David Crawford finds some US automakers are keen to participate in the sharing economy. Growing consumer interest in car- and ride-sharing, as opposed to outright ownership, and ride-sharer Uber’s recently stated intention to make its brand competitive with ownership on cost, are making the major US automotive manufacturers think seriously about their future sales prospects. Some have already begun exploring ways of entering the field
    Read More
  • Samba time for Travelier and Moovit in Brazil
    May 9, 2025
    Bus ticket purchases in app now available through domestic brand DeÔnibus
    Read More
  • 12th ITS Asia-Pacific Forum focuses on cooperation
    March 14, 2012
    In April this year, ITS Malaysia will host the 12th ITS Asia-Pacific Forum and Exhibition in Kuala Lumpur to further advance ITS cooperation and coordination between member countries in the region. In 1999, just a year after construction of the iconic Petronas Twin Towers was completed, Kuala Lumpur hosted the 3rd ITS Asia-Pacific Forum. A great deal has changed in the intervening 13 years, not least the scope and importance of the Forum’s programme. The 12th running of this event, being held from 16-18 Ap
    Read More

Highlighted Content