Singapore, Malaysia to issue joint transit card
EZ-Link Pte Ltd (EZ-Link), Singapore’s largest issuer of CEPAS-compliant cards and Touch ‘n Go Sdn. Bhd (Touch ‘n Go), Malaysia’s biggest multi-application e-purse announced the progress of a joint collaboration to develop a dual-currency Combi Card. transit card
A first in Southeast Asia, the Combi Card will securely host both electronic wallets from EZ-Link and Touch ‘n Go. Targeted for launch in quarter four of 2019, the card will first allow users to pay for urban mobility in both countries.
“The EZ-Link and Touch ‘n Go cards have been daily companions of Singaporeans and Malaysians in our respective countries for the past few decades. EZ-Link is excited to partner with Touch ‘n Go to make it possible for our people to conveniently pay for electronic road pricing in Singapore, highway tolls in Malaysia, parking as a start, and shopping and dining in the future with just one card. It will be a milestone in EZ-Link’s efforts to continuously innovate to transform people’s lives with technology,” said Nicholas Lee, CEO of EZ-Link.
“The Touch ‘n Go and EZ-Link cards have been an essential part of everyday touchpoints for both Malaysian and Singaporean consumers across transit, mobility, and retail. The partnership inked with EZ- Link is one of the many ways Touch ‘n Go Sdn. Bhd is innovating to bring the benefits of cashless payments to wider market segments. This synergy between Touch ‘n Go and EZ-Link to create a dual currency cross-border combi card will undoubtedly make daily transactions fuss-free for Malaysian and Singaporean consumers with faster, simpler, and more secure payment options,” said Syahrunizam Tan Sri Samsudin, CEO, Touch ‘n Go Sdn. Bhd.
The announcement follows the signing of a Memorandum of Understanding (MoU) between EZ-Link and Touch ‘n Go on July 30, 2017.
To date, EZ-Link has issued about 30 million CEPAS ez-link cards in Singapore and Touch ‘n Go has more than 23 million active Touch ‘n Go cards in circulation in Malaysia. transit card
