From 1st February, motorists can pay with EZ-Pay account as they exit car parks, starting with three malls
SINGAPORE, 8 February 2018 – EZ-Link Pte Ltd, Singapore’s largest issuer of CEPAS-compliant cards, has expanded the acceptance of EZ-Pay to car parks, making it the first completely free post-paid card-less payment service for Electronic Parking System (EPS), in addition to Electronic Road Pricing (ERP), in Singapore.
Jurong Point Shopping Centre, Great World City and Tanglin Mall are the first three malls to accept EZ-Pay at their car parks. Since 1st February 2018, motorists can enjoy a seamless experience of driving to and parking at these malls, without the need to top up or insert a stored value card into their In-vehicle Unit (IU).
Launched in August 2016, EZ-Pay is an account-based service that guarantees there are always sufficient funds for ERP, and now EPS charges. It works by enabling payments to be charged directly to a Citibank or DBS/POSB card1 with no service or administrative fees.
“The expansion of EZ-Pay acceptance to car parks demonstrates the potential of account-based payment service in bringing about convenient and secured e-payments to motorists,” said Mr Nicholas Lee, Chief Executive Officer, EZ-Link Pte Ltd. “It is an exciting start to the future of motoring, as we continue to work with our partners to expand EZ-Pay to other car parks in Singapore and to other motoring applications.”
“We are excited about this partnership with EZ-Link to offer first of its kind convenience and a seamless experience to our shoppers and tenants at Great World City and Tanglin Mall. With the introduction of this post-paid card-less payment service, motorists will no longer have to worry about insufficient value in their stored value card. This will greatly enhance our operational efficiency!” Mr Chan Chong Yin, Centre Manager of Great World City and Tanglin Mall.
“It’s exciting to see such creative innovation enhancing motorists’ experience and this is an opportunity for Jurong Point to bring this innovation to our mall. We are always on the lookout for ways to bring new experiences and convenience to our shoppers and this collaboration absolutely fits the bill in terms of what we are looking for,” said Mr William Seet, General Manager of Jurong Point Shopping Centre.
EZ-Pay customers can conveniently check records of both ERP and EPS transactions by logging in to their EZ-Pay accounts or referring to their monthly credit card statements. Besides these three malls and LTA carparks, motorists will be able to use EZ-Pay for car parks across the island in the future, as EZ-Link progressively rolls out its acceptance.
To obtain an EZ-Pay account or for more information on EZ-Pay, please visit: www.ezlink.com.sg/ezpay. Registration is free.
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 EZ-Charms, its first non-card form factor. 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. In December 2017, EZ-Link launched the new EZ-Link app to enable users to access EZ-Link’s functionalities and services with ease. For more information, please visit www.ezlink.com.sg