Myki

Myki (/ˈm.k/ MY-kee), stylised as myki, is a reloadable credit card-sized contactless smart card ticketing system used for electronic payment of fares on most public transport services in Melbourne and regional Victoria, Australia. Myki replaced the Metcard ticketing system and became fully operational at the end of 2012.

Myki
LocationVictoria, Australia
Launched2008
PredecessorMetcard
Technology
OperatorConduent (current)
NTT Data (previously)
ManagerPublic Transport Victoria
CurrencyAUD
Stored-valueMyki money
Credit expiryDoes not expire
(Card expires after 4 years but balance is transferable)
Auto rechargeAuto top-up
Unlimited useMyki pass (for 7 days or between 28 and 365 days)
Validity
Retailed
Variants
    • Standard
    • Concession
    • Child
    • Senior
WebsiteOfficial website

The system was developed by Kamco (Keane Australia Micropayment Consortium) and is used by Public Transport Victoria. The initial 10-year contract was worth approximately A$1.5 billion, described by The Age as "the [world's] biggest for a smartcard ticketing system". The Myki contract was extended in July 2016 for a further seven years.

Ticketing requirements for trains, trams and buses in Melbourne are mainly contained in the Transport (Compliance and Miscellaneous) (Ticketing) Regulations 2017 and the Victorian Fares and Ticketing Manual.

The Myki agreement with the Victorian government is set to expire in November 2023. On 15 May 2023, the Victorian government announced it had signed a contract with Conduent, an American company, that will take over the Myki system for the next 15 years. The new system will reportedly be rolled out by 2025.

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.