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Thursday, 30 July 2015 15:00

Vix secures $27 million Malaysian transport contract Featured

By
Vix CEO Steve Gallagher Vix CEO Steve Gallagher

The Malaysian Government’s public transport regulator has awarded a $27 million contract to Melbourne-based global smart booking, ticketing and payment solutions company Vix Technology.

Vix - the company responsible for recent upgrades to Melbourne’s Myki network - has been contracted by the The Land Public Transport Commission (SPAD) to unify payments for Malaysia’s multiple transit operators under a single transport ticketing system.

The Malaysian contract comes on the back of a 300 million Thai Baht deal - approx $10 million -  which will see Vix establish a state-of-the-art payment clearing house for Bangkok’s newest train line, the third such central clearing house contract win by Vix in the country in recent years.

Under the Malaysian contract, Vix Technology will 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 realise the benefits of using a single integrated smartcard to pay for all their travel.

The new Malaysian system is slated to roll out from early 2017, and is designed to 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.

Mohamad Nur Ismal Bin Mohamed Kamal, ‎Chief Executive Officer, Land Public Transport Commission Malaysia, said Vix would play an integral role in achieving the vision of a nationwide single public transport ticketing and payment system.

“With the help of partners like Vix Technology, here in Malaysia we’re leading the world in the development of a unified public transportation system with the ability to use a single smartcard across all modes of transport, making travel simpler, faster and more convenient for all Malaysians and visitors to the county.”

Vix CEO Steve Gallagher said the Malaysian contract win was recognition of the company’s extensive experience, reliability and record of service delivery of new technology solutions in the transit sector across Asia Pacific.

“We’re really excited to help the Malaysian government deliver on its vision for a more integrated and seamless public transport journey for Malaysians, which will bring the country into line with some of the most advanced integrated public transit networks in the world.

“In the future, commuters will no longer need to carry multiple cards in their pockets every time they want to travel, making the transit network a lot more convenient and user friendly for locals and tourists alike.”

Gallagher said, like other Vix solutions, the Malaysian system can accommodate new advances in technology, such as the introduction of EMV open payments, allowing passengers to pay with contactless debit and credit cards and NFC enabled mobile phones.

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Peter Dinham

Peter Dinham - retired in 2020. He is a veteran journalist and corporate communications consultant. He has worked as a journalist in all forms of media – newspapers/magazines, radio, television, press agency and now, online – including with the Canberra Times, The Examiner (Tasmania), the ABC and AAP-Reuters. As a freelance journalist he also had articles published in Australian and overseas magazines. He worked in the corporate communications/public relations sector, in-house with an airline, and as a senior executive in Australia of the world’s largest communications consultancy, Burson-Marsteller. He also ran his own communications consultancy and was a co-founder in Australia of the global photographic agency, the Image Bank (now Getty Images).

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