TransCab taxis readied to handle cashless payment with the first EZ-Link terminal that accepts up to 9 payment methods
SINGAPORE – Customers of TransCab taxis will now be spoilt for choice when it comes to cashless payment of their fares, with the launch of the new EZ-Link terminal that offers the most variety of e-payment options for customers to choose from, within a single terminal. More than 90% of TransCab taxis have each been equipped with the new terminal that accepts the ez-link card and 8 other payment modes.
The payment methods include the ez-link card, MasterCard, MasterCard PayPass, VISA, VISA payWave, China Union Payment, JCB and American Express and DBS/POSB card. Through this terminal, EZ-Link makes the paying process easier for passengers of TransCab taxis.
Passengers can enjoy the ease of payment at a small administrative fee for every transaction made. The fee structure is 30 cents for payments made by an ez-link card and DBS/POSB card, and 10% of the total fare for payments made by all credit and debit cards.
As an introduction to this service, EZ-Link and TransCab will waive the 30 cent surcharge on all ez-link card payments made on-board TransCab taxis from 1 October 2010 to 2 January 2011. This simply means that passengers will not be required to pay any additional surcharges when they choose to go cashless and pay with their ez-link cards during this period.