Yangon Payment System launched

Yangon Bus Service (YBS) launched their new electronic payment system on its buses last week, with 5,387 cards being sold within two days of the launch –
an Asia Star Mar Transport Intelligent Company representative said.

“Most travelers received their cards for free, if they purchased the card with K5,000 worth of credit. We expect to sell over 250,000 top-up cards during the first month The cards can be bought at over 100 Grab and Go stores across the city,” said Chief Marketing Officer Daw Yi Yi Khin.
From July 16 to August 15 cards will be given away free of charge, if customers purchase the prepaid K5,000 cards. Cards can be recharged for amounts between
K1,000 to K50,000. Around 2,500 cards are being sold each day in Yangon.

“The public don’t need to carry change when travelling on the bus. The fare will be deducted from the card automatically. This technology will help to improve
people’s lifestyle,” said Yangon Chief Minister, U Phyo Min Thein, through a video on YPS Facebook page on July 21.
The YPS will be installed on a total of 597 buses run by the Yangon Public Bus Company (YPBC) and Bandula bus lines.
8/3/2020 Yangon Payment System launched | The Myanmar Times

Passengers are able to scan the YPS cards when boarding and alighting the bus. Bus routes to pioneer card system will include YPBC no’s 43, 62, 72, 87, 88 and 89, 96 and Bandula lines 12, 14, 25, 30 and 38. YBS buses seen during a traffic jam in Yangon. Photo: Aung Htay Hlaing/The Myanmar Times
“Each YPS card will be sold at K2,000 everywhere. Details of the new technology will be advertised on buses,” said Daw Yi Yi Khin, chief marketing officer from
Asia Starmar Transport Intelligent Company, the company which implements the card system.

As the cash floor was more relevant amongst YBS passengers, the card system is not successes yet until now.

“As a promotion, those top up their card for K5,000 will receive a free card,” said Chief Marketing Officer Daw Yi Yi Khin.
Yangon public transport has been transformed, with the former Ma Hta Tha system being replaced by the Yangon Bus Service (YBS) on January 16, 2017. Currently
more than 120 bus lines operate across the city, with more than 4,300 buses per day servicing 1.8 million passengers. – Translated

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Source : Myanmar Times

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