Published on November 12th, 2019 | by Amirul Mukminin0
CIMB, PLUS Join Forces to Bring Added Options for Toll Payments
CIMB Group Holdings Berhad and PLUS Malaysia Berhad are collaborating to provide additional payment options to road users at PLUS expressways across the country.
This initiative promises a seamless experience and will give highway customers the choice to link their Touch n’ Go (TNG) RFID tags to any of their bank accounts, credit cards, debit cards or the TNG e-wallet.
For starters, the TNG RFID services will be available in 10 open system toll plazas at PLUS expressways by January 1, 2020, followed by all 83 closed system toll plazas by April 1 next year.
Open system toll plazas are defined as a system where the toll fare is a fixed rate based on vehicle class. Whereas, closed system toll plazas are defined when the vehicle enters the highway and the toll rate is based on the vehicle class and distance traveled on the highway.
It is the intent of CIMB and TNG to roll-out the Open Payments facility to all toll highway concessionaires across Malaysia in the future.
Over time, this RFID driven payment mode is expected to replace the TNG card that has been the de facto mode of payment for toll transactions across the country.
“The democratisation in toll payments is something we fully champion and the CIMB teams, together with the teams at our subsidiary TNG, are committed to collaborating with PLUS and, in time, other highway concessionaires to make Open Payments an accessible reality for all Malaysians,” said Tengku Dato’ Sri Zafrul Aziz, Group Chief Executive Officer, CIMB Group.
Datuk Azman Ismail, Managing Director, PLUS said, “We are pleased that Open Payment options will soon be available to toll highway customers, in line with the needs of our customers who look forward to more convenience.”