Wednesday, July 9, 2008

The Application of Pre-paid Cash Card for Consumers











In Malaysia there are not much of pre-paid cash cards for Malaysian. The pre-paid cash card I can find in Malaysia is the Touch 'n Go card. Touch'n Go card is a prepaid smartcard that uses Mifare contactless technology. Touch‘n Go card is an electronic purse that can be used at all highways in Malaysia, major public transports in Klang Valley, selected parking sites and theme park.

The card looks similar to a credit card. User can continue using the card as long as it is pre-loaded with electronic cash. User can reload the card at toll plazas, train stations, Automated Teller Machines, Cash Deposit Machines, Petrol kiosks and at authorised third party outlets. Reload denomination is ranging from RM20 to RM500. Each time a user uses the Touch ‘n Go card, the electronic card reader will deduct the exact fare from the value stored inside the card.

Application of Touch'n Go card:
  • Toll fare: Touch'n Go can be used in entire highways stretches in Malaysia with the familiar TnG sign marked when reach a toll plaza
  • Public Transportation fares: Touch'n Go can be use as an integrated ticket in Kuala Lumpur public transport system. There are Rapid KL, KTM Komuter, and KL Monorail.
  • Ticketless car parks: Touch'n Go card can also be used in selected car parks such as Sg Wang Plaza, 1 Utama shopping center, Sunway Pyramid shopping center and etc.

After we have the Touch'n Go systems, the system can process up to 800 vehicles per hour in a toll plaza. These can save a lot of energy and save a lot of time. This is very convenient for the consumers which they feel inconvenience to prepare for exact change when they are driving or wait for the teller to give back the small change.

Lastly, the Touch'n Go card brings a lot of benefits to us which makes our life become more convenient.

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