Rangkaian Segar sees 30% cost savings

  • Business
  • Saturday, 24 May 2003

RANGKAIAN Segar Sdn Bhd expects to save 20% to 30% in its operational cost when all highway operators start using Touch 'n Go card effective June 1. 

The electronic toll collection is cheaper compared with cash toll collection,”' chief operating officer Swinder Grewal told a press conference in Kuala Lumpur yesterday. 

With the electronic system, Rangkaian Segar could monitor its cash flow accurately, she said. 

Swinder Grewal

Rangkaian Segar is the operator of the Touch 'n Go electronic payment system for the premier prepaid smart card, Touch 'n Go.  

It is one card suited to several payment applications from tolls, LRT and bus services to parking and theme park tickets. 

For public transport users, Touch 'n Go can be used to pay fares for Putra LRT and its feeder bus services, as well as Cityliner bus services. 

“We have also extended the application for parking at selected hotels, commercial buildings and shopping complexes in the Klang Valley to parking and theme park tickets.” 

She said with this multi application feature, users could enjoy hassle-free convenience as Touch 'n Go takes away the need for cash. 

According to Swinder, the card also provides fast passage and quick transaction on dedicated lanes at participating toll expressways. – Bernama 

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Next In Business News

CPO futures poised for technical correction next week
Join in the SCxSC 2021 for latest trends on fintech in the capital market
The ageing conundrum
Health and social systems a priority in shifting demographic trend
Budget to boost flagging industries
Lessons from China Auto
Is inflation good for the economy?
HSS to grow renewable energy business
Good growth prospects for telcos
On the path to V-shaped recovery

Others Also Read