Sunday, June 29, 2008

The application of pre-paid cash card for customers

Nowadays, people are more likely to apply prepaid cash card to apply in every daily transactions because of some common reasons :

(1) Convenient : No need to bring so much cash with you at anytime,anywhere.
(2)Time Saving : No need to count the cash when payment was made, just swap it.
(3)Safety : Bring a lot of cash may cause criminal case happened around.

So, here are some example of prepaid cash card would like be introduced:

Touch 'n Go
Touch 'n Go card is one of the common prepaid cash card in Malaysia, as it is approaching to 10 years already. as the mission is going to provide secure, swift and convenient cashless payment mode to all. Customer can use it for paying the toll fee of highway, public transport fees, parking in some shopping centre in Klang Valley. As its convenience, there are about 4.4 millions of Touch 'n Go users in Malaysia. Recently, Touch 'n Go has expanded its service to 7 Eleven, Dunkin Donuts, Burger King, A&W, Cathay Cineplex even with latest in the parking of KLIA.


http://www.touchngo.com.my/
http://en.wikipedia.org/wiki/Touch_n_Go#Prepaid_card

Octopus Card
The Octopus card is a rechargeable contactless stored value smart card used to transfer electronic payments in online or offline systems in Hong Kong. Launched in September 1997 to collect fares for the city mass transit system, the Octopus card system has since grown into a widely used payment system for virtually all public transport in Hong Kong. It is also used for payment at convenience stores, supermarkets, fast-food restaurants, on-street parking meters, and other application such as vending machines. The cards are used by 95 percent of the population of Hong Kong aged 16 to 65, generating over 10 million daily transactions worth a total of about HK$29 billion (US$3.7 billion) a year.

http://www.octopuscards.com/consumer/en/index.jsp
http://en.wikipedia.org/wiki/Octopus_card

EZ-Link
The EZ-Link card is a contactless smartcard as used for payment in Singapore especially for transportation in Singapore. It was established on 2001. As of 2007, there are over 10 million EZ-Link cards in circulation, with 4 million card-based transactions occurring daily. The card is commonly used in Singapore as a smartcard for paying transportation fees in the Mass Rapid Transit (MRT), Light Rapid Transit (LRT) and public bus services. After that, the service have been expanded to payment in Singapore branches McDonald, food centers, supermarkets, libraries, even softdrink from vending machines. Some schools in Singapore have also started to adopt the EZ-Link card as a way to mark the attendance of students and to pay for food served within the school campus.

http://www.ezlink.com.sg/
http://en.wikipedia.org/wiki/EZ-Link


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