Touch ‘N Go Sdn Bhd (TNG) is collaborating with its Singaporean counterpart EZ-Link Pte Ltd to create a public transport card that will work in both countries.
The two companies have announced that they will co-develop the dual currency Combi Card, which is targeted to launch in the fourth quarter of this year.
The Combi Card will securely host electronic wallets from both EZ-Link and Touch ‘N Go, and enable users to pay for their public transportation trips on both sides of the causeway without having to switch cards, according to a statement issued by both companies.
EZ-Link CEO Nicholas Lee says the card will also allow users to conveniently pay for the contactless toll gates known as electronic road pricing in Singapore, highway tolls in Malaysia, plus parking or shopping at participating retail outlets in both countries.
Touch ‘N Go CEO Syahrunizam Samsudin adds that the dual currency cross-border Combi Card will undoubtedly make daily transactions fuss-free for Malaysian and Singaporean consumers with faster, simpler and more secure cashless payment options.
The two parties had been working on the card for quite a while, signing a Memorandum of Understanding back in July 2017.
Currently Touch ‘N Go has more than 23 million active cards in circulation, while EZ-Link has issued about 30 million cards.