The application enables consumers to make NFC payments at the point-of-sale. Wirecard enables consumers to add money to their EZ-Link purse on the go, using their NFC-enabled phones. With the NFC mobile application and a smartphone with NFC SIM-card functionalities, consumers can store EZ-Links prepaid card accounts on their phones, top-up their electronic purse in real-time and make payments. The application provides an overview of the transaction history, balances and allows loading the electronic wallet with debit or credit cards.
EZ-Link is managing Singapores Stored Value Smart Card System for payments on public buses and Mass Rapid Transit (MRT) trains. In addition to public transport, the EZ-Link card is accepted at a network of acceptance points across the country including retail, private transport, Electronic Road Pricing and Electronic Payment System (EPS) in car parks.
In recent news, Wirecard has agreed to acquire all shares in PT Prima Vista Solusi, an Indonesian technology provider of end-to-end payment solutions.
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