Wednesday, July 2, 2008

The Application of Prepaid Cash Card for consumers


The example of application of prepaid cash card is Touch' n Go. Touch n Go is established at 1997, initially the purpose of Touch n Go is to make the toll fare, but until now, the application of Touch n Go has expanded to different area. Except for paying toll fare, it is also can use in paying the transportation fees especially only for KTM Komuter, LRT and Rapid KL. Among this few years, consumers also can use Touch n Go for paying parking fee-only applicable in Klang Valley .Furthermore, it also can use to pay admission fee of Bukit Merah Lake Town Resort( http://www.bukitmerahresort.com.my). Recently, the Touch n Go has added new function –buy things in A&W, Burger King, Dunkin’ Donut, 7-Eleven, Carrefour hypermarkets, Caltex convenience stores and Cineleisure thru Touch n Go.

The EZ-Link card is the example of application of prepaid cash card in Singapore. EZ-Link is established in 2001. It is used for payments in Singapore especially for paying transportation fess in the MRT, LRT and public bus services. The EZ-Link has expanded with it can make payments in McDonald, food centers, supermarkets and soft drink purchases from vending machines.


The Octopus Card is a rechargeable stored value card used to transfer electronic payments in online or offline systems in Hong Kong. It is launched in September 1997 to make convenience in paying the MRT fares. The Octopus card system has since grown into a widely used payment system for virtually all public transport in Hong Kong also used for payment at convenient stores, supermarkets, fast food restaurants, such as Watsons, 7-eleven, Starbucks, McDonald’s, on-street parking meters, car parks, and other point of sale applications such as services stations and vending machines



1 comment:

liNg liNg said...

hey, i think that the Malaysia Touch n Go is less function and less use by the citizen if compare to Hong Kong -Octopus Card and Singapore-EZ-Link. THe usefulness of the two prepaid cash card are widely use among their citizen.