π Tender Overview
CARD payment system has been installed on more than 1900 buses under YBS system and the negotiations are being undertaken with the related bus lines according to Yangon Region Transport Committee YRTC.At present 608 vehicles operated by YPBC 304 by Bandoola 700 by YUPT 265 by Ludu and 27 by JYCT were equipped with the machine said the joint secretary Over 1900 buses installed YBS card payment system of YRTC.Under the instruction of Yangon Region Transport Authority Asia Starmar Transport Intelligent Co. Ltd was selected as the tender winner for implementing the YBS payment service project.The company launched card system at the two years of YRTA on 16 January 2019. However YRTA was abolished in May 2021 and YRTC is newly formed. At present YRTC is planning to sign with Asia Starmar Company which entered into contract with the then Yangon Region government he added.YPS cards are available at GG convenience stores at K2000 and the consumers can deposit from a minimum of K3000. Twenty-five more shops will be extended to sell YPS cards. Asia Starmar and YBS lines agreed to collect bus fare depending on the travel distance YRTC stated.The cashless payment system is more convenient and secure for passengers as they do not need to find small notes and it can prevent COVID-19 infections from the notes the joint secretary said. Additionally this move aimed to eliminate bus conductors in the bus lines to avoid unnecessary arguments between the conductors and passengers. Some conductors ask extra charges.This being so the digital payment is practised in the lines to facilitate the daily commuters.At present 98 bus lines are operating 2700 buses. The number of daily commuters has been estimated at over 500000.