Guangzhou Yang Cheng Tong Co., Ltd (YCT) , founded in 1999 and held by Guangzhou Public Transport Group Co., Ltd. and Guangzhou Metro, is the builder and operator of Guangzhou public transport electronic payment system, as well as the development and core technical support corporation of Public transport interconnection payment system. YCT can provide the public with YCT bus card issuance, recharge, consumption, customer service, electronic payment clearing and settlement, and other diversified services. To date, YCT has issued more than 100 million bus cards, with 18 million daily transactions, more than 30 million online users and more than 5 million face databases. Besides the 300 cities in China, including Hong Kong and Macao, the cards issued by our company can also be used in Singapore.
Up to now, Yang Cheng Tong has implemented full coverage of public transportation in Guangzhou, including bus, subway, water-bus, taxi, parking lot, long-distance bus and other consumption occasions. The average daily card swiping volume exceeds 15 million person-times.
In addition to the traditional electronic payment field, YCT enables the integration of public transport with catering, retail, culture, health, public management, information transmission and other industries. Currently, there are more than 1,000 small consumption merchants cooperate with YCT, and with the functions of access control, attendance, small payment; YCT pass cards have been widely used in schools, hospitals, enterprises and institutions, hotels, residential areas and other material life services.
The reason why YCT company can keep its energy and vitality lies in arming itself with innovation consciousness all the time. Only through continuous innovation can we adapt to new opportunities in the new era, and only through innovation can we enable ourselves to have the ability to adapt to changes and cope with the rapidly changing market.
NFC+SIM card, NFC air recharge, QR code traffic cloud payment and so on witness the gradual innovation and transformation of YCT electronic payment system. Intelligent self-service card recharging equipment, self-service recharging machine, self-service bus vending machine and portable personalized card issuing equipment etc. are the "milestones" of innovation practice by Yang Cheng Tong.
Aiming at to establish a business environment of “cooperative network, interconnected cities, all-purpose pass-card”, YCT will commit to realizing the connectivity of the Guangdong-Hong Kong-Macao Greater Bay Area, and to extending to the southeast Asia and other "the Belt and Road" countries thus to achieve a new worldwide business scope in the field of public transportation. From 1999 to 2020, YCT has always been committed to refreshing the new mode of transportation payment, enabling citizens to enjoy smart transportation payment, and actively expanding the industrial chain with the attitude of win-win cooperation, to help the general industry partners efficient operation into the new era of intelligent transportation!