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Touch 'n Go is a contactless smart card system used for electronic payments in Malaysia. The system was introduced in 1997 and is widely used for toll payments on highways, public transportation, parking, and other services. The card is equipped with a radio-frequency identification (RFID) chip that allows users to make payments by simply tapping the card on a reader device. Touch 'n Go cards ...
The Malaysian Electronic Payment System ( MEPS) is an interbank network service provider in Malaysia. In August 2017, MEPS merged with Malaysian Electronic Clearing Corporation Sdn Bhd (MyClear) to form Payments Network Malaysia Sdn Bhd (PayNet) . With the result of the merger, PayNet is now the holding company for the PayNet Group which ...
TERAS is the creator, developer, and leading system integrator of Touch n Go and SmartTAG in multiple platform technology widely used throughout Malaysia as highway, parking and public transportation payments, and access control system by over 6 million users (in June 2009).
Cirrus is a worldwide interbank network that provides cash to Mastercard cardholders. As a subsidiary of Mastercard, it connects all Mastercard's credit, debit, and prepaid cards, as well as ATM cards issued by various banks worldwide bearing the Mastercard/ Maestro logo. [1]
The Malaysian identity card ( Malay: kad pengenalan Malaysia) is the compulsory identity card for Malaysian citizens aged 12 and above. The current identity card, known as MyKad, was introduced by the National Registration Department of Malaysia on 5 September 2001 as one of four MSC Malaysia flagship applications [1] and a replacement for the High Quality Identity Card ( Kad Pengenalan ...
SmartTAG ( acronym in Malay for Sistem Membayar Automatik Rangkaian Tol or "Toll Network Automatic Payment Systems") is an on-board unit (OBU) vehicle-based device used as an electronic toll collection (ETC) system over long distances (maximum 15 metres) to complement Touch 'n Go, a card-based system. It was first introduced in Malaysia in 1999 and is also used as an Entrance Access Security.
EMV is a payment method based on a technical standard for smart payment cards and for payment terminals and automated teller machines which can accept them. EMV stands for " Europay, Mastercard, and Visa ", the three companies that created the standard.
Contactless smart card. A contactless smart card is a contactless credential whose dimensions are credit card size. Its embedded integrated circuits can store (and sometimes process) data and communicate with a terminal via NFC. Commonplace uses include transit tickets, bank cards and passports. There are two broad categories of contactless ...