MEDIA RELEASE PR40604
Bangkok Takes A Major Step Towards Creating A Cashless Society
SYDNEY, July 28 /Medianet International-AsiaNet/ --
Bangkok Smartcard System (BSS) executes contract to implement Vix ERG's MASS clearing house solution.
BSS have secured a major component in developing their vision to direct Bangkok towards a cashless society,
announcing Vix ERG as the partner for the design and delivery of a smartcard clearing house solution for
micropayments.
The clearing house solution is based upon Vix ERG's highly successful MASS system which has been
implemented in 11 cities in 5 countries around the world, most notably in Beijing, China where the system currently
processes over 9 million transactions per day.
"The system will initially provide support for an integrated payments solution for the Bangkok Mass Transit
System Company Limited (BTSC) and Bangkok Metro Company Limited (BMCL) transit systems. Over time the
system will be extended to provide support for other transit modes and to support micropayments generally in
Bangkok" said Mr. Nelson Leung, Executive Director of BSS.
"We are excited to be partnering with BSS on this project, The BSS smart card solution has the potential to
positively impact not only transportation but the retail, tourism and service industries within Thailand" said Steve
Gallagher, Vix ERG's Chief Executive Officer.
Background:
Bangkok Smartcard System Company Limited (BSS)
BSS is a member of BTS Group Holdings Public Company Limited. Additionally, the company has strong support
from Bangkok Metro Public Company Limited (BMCL) and other major financial institutions in Thailand.
Vix ERG
Vix ERG is an Australian-based company and a member of the Vix Technology Group of companies.
The company is a global player in the Automated Fare Collection and Payments industry in transit and delivers
solutions ranging from turnkey solutions for small bus operators to large multi-operator, multi-modal solutions
supporting large cities or entire countries.
Vix ERG has delivered solutions in over 200 cities or regions in 25 countries around the world including
Melbourne, Oslo, Seattle, Stockholm, Salt Lake City, Sydney, Las Vegas, Aberdeen, Bordeaux, Strasbourg,
Luxembourg, Brussels and Gothenburg.
Vix ERG has offices and agencies in 15 cities around the world, employing around 600 people.
For more information, photography or to arrange an interview contact:
Nick Crews
Marketing Communications Manager
Vix Technology Pty. Ltd.
ncrews@vixtechnology.com
SOURCE: Vix Technology
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