View all newsletters
Receive our newsletter – data, insights and analysis delivered to you
  1. Dashboards
  2. Deals
July 18, 2012updated 04 Apr 2017 4:14pm

Smartphone transit ticketing launched in Kuala Lumpur

Malaysian electronic payment systems provider Touch'n Go Sdn Bhd (TNGSB) has announced plans to introduce NFC smartphone apps to enable customers in Kuala Lumpur to pay for public transport through their mobiles TNGSB is partnering with telecommunication companies Maxis and CIMB for the pilot project, set to go live in the next two months

By Sara Perria

Malaysian electronic payment systems provider Touch’n Go Sdn Bhd (TNGSB) has announced plans to introduce NFC smartphone apps to enable customers in Kuala Lumpur to pay for public transport through their mobiles. The system will link phone handsets to Touch’n Go prepaid transit card accounts. 

TNGSB is partnering with telecommunication companies Maxis and CIMB for the pilot project, set to go live in the next two months.

TNGSB  chief executive Abdul Karim said the company has already invested over MYR500,000 (USD160,000) in developing the service. The amount excluded investments by Maxis and CIMB, he said.

“The company is targeting to sell 1.3 million cards this year, a marginal increase from last year,” he said.

 

 

 

 

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A weekly roundup of the latest news and analysis, sent every Wednesday.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Electronic Payments International