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The largest public transport operator in the Klang Valley, Prasarana, has developed a cashless payment app for use at its services, called myrapidTap.
That’s right, the new cashless payment appease developed together with Community Marketplace Technology Sdn. Bhd (CM Tech), and is -as Prasarana claims- “South East Asia’s first Mobility As A Service platform integrating transportation, lifestyle, payments and financial services.”
According to The Edge, Prasarana Group chairman Datuk Seri Tajuddin Abdul Rahman said that the myrapidTap application would provide an alternative payment mode for those using Prasarana-operated public services.
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The mobile application platform release for ‘MyRapidTap’ South East Asia’s first, in collaboration with Prasarana Integrated Development Sdn Bhd (wholly owned subsidiary of Prasarana Malaysia Bhd) has been postponed until further notice. First unveiled in July 2018, the ‘MyRapidTap’ prototype is the first and complete mobile application platform in South East Asia where it integrates transportation, lifestyle, entertainment, financial services and retail purchases. We plan to announce more details concerning the new release date once decided, and our goal of initiating cashless transactional activities as soon as possible remains unchanged. Find out more in the full video: https://youtu.be/J-61WA__Zlk
myrapidTap is set to begin its debut starting with the MRT feeder buses early next year.
Payments using the app is done via a QR-based e-wallet called RapidPay. Users can currently top-up myrapidTap via FPX while other top-up options including debit card, credit card and ShopeePay will be made available next year.
The app can also be used with existing My30 Unlimited Travel Pass, MyCity pass, Touch ‘n Go card and travel token to use Rapid KL’s public transport services, which include LRT, MRT, monorail, Rapid Transit buses and stage buses in the Klang Valley and Selangor.
Aside from the e-wallet, the myrapidTap app also comes with a journey planner.
However reviews of the app have been less than favourable with several teething issues cropping up, including problems with the journey planner.
Lowyat.net notes that the journey planner has since been removed temporarily from the app.
The tech news site also indicated that the app could be expanding to include eCommerce features such as in-app online shopping.
At the launch of myrapidTap , CM Tech CEO Herbert Poh expressed belief that the app could be a catalyst for economic development and business activities, as well as leveraging small and medium enterprises along the Rapid KL transport lines.