HEADLINE NEWS
Malaysia: Telco Plans to Launch iPhone-Based Fare Payment
Maxis subscribers with iPhones will be able to tap to pay fares, tolls and some retail purchases with a Touch ‘n Go application. Maxis also is partnering with CIMB Bank, which will enable customers to reload the Touch ‘n Go stored-value purse over the air to their iPhones if they have a CIMB bank account. They’ll also need the special iPhone attachment, called iCarte. The FastTap service, mainly targeted at iPhone 4S users, will be a “limited commercial launch,” said a source, with some of the iCarte sleeves offered for free to customers while others will be put on sale.
Maxis plans to follow-up the bridge technology with the launch of services on full NFC phones, likely those supporting Android. The telco in 2009 launched among the first NFC payment services worldwide, though the “rollout” remained small because Maxis had to make due with the unappealing 2G Nokia 6212 NFC phone.
* Trusted Service Manager: Defined loosely to include companies or other organizations securely distributing, provisioning and managing applications, generally over the air, on secure elements in NFC mobile phones; or licensing their platforms for this purpose.
N/A: Not available or not applicable.
Last update: March 2012
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