Malaysia's Touch 'n Go to introduce NFC payments

Summary:Electronic payment provider plans to expand its prepaid contact smart card service to include near-field communication capability on mobile phones in two months' time, says report.

Malaysian electronic payment provider Touch 'n Go has been trialling near-field communication phone payments which it will introduce to its customers in two months' time, according to local report.

Touch 'n Go CEO Abdul Karim Md Lassim said the company has been piloting NFC smartphone apps with mobile operator Maxis and bank CIMB to allow customers to use their mobile devices as a Touch 'n Go card, The Sun Daily reported Monday.

Touch 'n Go is Malaysia's contactless payment card used for public transport payments in the capital Kuala Lumpur and for highway toll payments in the peninsula Malaysia. It is also accepted as a payment mode at some restaurants, fast food outlets and movie theaters.

Not including the investment by Maxis and CIMB, Abdul Karim said the company invested over half a million ringgit (US$156,076) to develop the NFC services.

The CEO said it also plans to offer the service with other telecommunication companies as well after six months.

Topics: Mobility, Asean, E-Commerce, Smartphones, Telcos


The only journalist in the team without a Western name, Yun Qing hails from the mountainy Malaysian state, Sabah. She currently covers the hardware and networking beats, as well as everything else that falls into her lap, at ZDNet Asia. Her RSS feed includes tech news sites and most of the Cheezburger network. She is also a cheapskate mas... Full Bio

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