Touch 'n Go Sdn Bhd (formerly known as Rangkaian Segar Sdn Bhd) is the operator of Touch ‘n Go, SmartTAG and The Central Clearing House System (CCHS).
Incorporated in October 1996 and officially launched its services in March 1997 at Metramac Highway and PLUS Expressways, TNGSB provides contactless means of fare payment services via a pre-paid e-payment card called the Touch ‘n Go card.
Touch ‘n Go enhances the convenience and efficiency of paying for low-value but high frequency transactions. It is able to reduce the transaction time effectively at the point-of-usage and eliminate the hassle of preparing small change for the fare.
TNGSB holds the intellectual property rights to the Touch ‘n Go system, which is locally developed according to Mifare standard, the de-facto standard for contactless smartcard. This enables the company to modify, enhance and upgrade the system independently.
Touch ‘n Go is now the one and only Electronic Toll Collection (ETC) operator for all highways in Malaysia. It is also being accepted as the Common Ticketing System (CTS) for major public transports in Klang Valley.
This is to make card management convenient and financially sound, as the users do not have to carry multiple cards for different transportation services or being bonded by several financial commitments.
Most importantly, by having one party to operate ETC and CTS, we can concentrate on our resources to further develop the electronic payment system, maintain system continuity and to minimize the hassles of technology transition on the consumers.
TNGSB is a private limited company whose shareholders are United Engineers (M) Bhd, UEM Land Sdn Bhd, MTD Equity Sdn Bhd, UEM Builders Bhd and Commerce Asset Holdings Berhad. |