MYKI
Myki ( 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.
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 original Myki agreement with the Victorian government expired 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.
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