Motorists with DBS or POSB credit and debit cards can now also enjoy hassle-free journey with EZ-Pay, the account-based card-less payment service
SINGAPORE, 15 March 2017 – EZ-Link Pte Ltd, Singapore’s largest issuer of CEPAS-compliant cards, today announced a collaboration with DBS Bank Ltd that will extend EZ-Pay to DBS & POSB card holders, following its launch in August 2016. The expansion will enable wider access to the account-based payment service, allowing more card holders in Singapore to enjoy the convenience and benefits of EZ-Pay.
From 15 March, holders of DBS or POSB credit and debit cards can visit here to register for an EZ-Pay account. EZ-Pay guarantees there are always sufficient funds for ERP charges by enabling payments to be charged directly to the registered card. Customers can conveniently check records of ERP transactions by logging in to their EZ-Pay accounts or referring to their monthly card statements.
“EZ-Link is committed to providing the latest innovative services through platforms that are widely accessible to our customers. The expansion of EZ-Pay for DBS & POSB card holders further demonstrates the potential of account-based payment service in bringing about convenient and secured payments to motorists,” said Mr Nicholas Lee, Chief Executive Officer, EZ-Link Pte Ltd. “EZ-Pay is always a dependable, never-out-of-value solution for motorists, preventing unwanted hassle and negating the need to top-up stored-value card. This presents the future of motoring, as we continue to work with our partners to bring EZ-Pay to other bank card holders and apply it to other forms of motoring applications.”
For more information on EZ-Pay, please visit here.
About EZ-Link Pte Ltd
EZ-Link’s core business is in the sale, distribution and management of ez-link cards, as well as the clearing and settlement of all ez-link card transactions generated in transit and non-transit (retail/merchant) sectors. To date, more than 17 million new CEPAS-compliant ez-link cards have been issued. In 2015, EZ-Link unveiled two new innovations in Singapore, EZ-Charms, the first non-card form factor, as well as the “EZ-Link Rewards with Perx” to reward commuters for using public transport with the ez-link card. EZ-Link continues to set new cashless trends with the “My EZ-Link Mobile” application, the world’s first Near Field Communication (NFC) mobile application for contactless card top-ups; “EZ-Link NFC SIM”, the first NFC payment service on Singapore’s public transit; and “EZ-Pay”, Singapore’s first free card-less ERP payment service.