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Plans to replace credit cards with Touch 'n Go
Wed, Jun 25, 2008
New Straits Times

SEPANG, Malaysia:

Can't use your credit card at petrol stations any more? Not to worry.

You might be able to use your Touch 'n Go card to fill up.

Touch 'n Go Sdn Bhd (TNGSB) chief operating officer Hasni Zarina Mohamed Khan said the company was exploring mechanisms to enable motorists to use the facility at petrol stations.

"We currently only have an agreement with Caltex for the use of our cards in their retail stores.

"We are looking at moving forward and using the card at pumps as well," she said.

Hasni was speaking at a press conference after the launch of a Touch 'n Go facility for Kuala Lumpur International Airport's parking zone.

Also present at the conference was TNGSB chairman Datuk Yahya Yaacob and Malaysia Airports Holdings Bhd senior operations general manager Datuk Azmi Murad.

The company is expecting some 360,000 transactions a year, amounting to about RM2.88 million, from KLIA parking zone users.

Hasni also said TNGSB was in discussions with several oil companies, but declined to reveal which, adding that discussions were still at the "exploratory" stage.

Petroleum Dealers Association yesterday advised its members to accept only cash for transactions because operators could no longer afford the charges imposed by credit card companies.

However, association president Abdul Wahid Bidin said each operator would have the final say on whether or not to accept credit cards.

When informed by the New Straits Times that Touch 'n Go cards could be used, Wahid's response was lukewarm.

"Let's see who will be burdened by the commission that is charged.

"What we are angry about is that we dealers are bearing the one per cent commission for credit card transactions.

"If it is the same system for Touch 'n Go cards, there's no difference, is there?"

Wahid said the commission, taken from a consumer's point of view was not much.

"One per cent of his petrol cost would be about RM400 to RM500.

"But a dealer would have to pay between RM6,000 and RM21,000 depending on his volume," he said.

 

 
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