EZ-Link launches post-paid ERP payment service

EZ-Link launches post-paid ERP payment service

EZ-Pay enables payments to be charged directly to a credit card registered by the user on the condition that there is a sufficient credit limit.

SINGAPORE: EZ-Link on Tuesday (Aug 16) launched EZ-Pay, the first free post-paid cardless payment service for Electronic Road Pricing (ERP).

According to a press release by the issuer of CEPAS-compliant cards, EZ-Pay ensures “motorists no longer have to worry about passing ERP gantries without a stored-value card in their in-vehicle (IU) unit or with a card that is low in value”.

EZ-Pay enables payments to be charged directly to a credit card registered by the user on the condition that there is a sufficient credit limit.

The account-based service is currently only available to Citibank card holders. It will be made available to cardholders of other banks in 2017. There is no registration, subscription, top-up or service fee, said EZ-Link.

To obtain an EZ-Pay account, motorists will need to visit EZ-Link’s website for a one-time registration with their vehicle number and credit card details. Upon successful registration, they will receive an email notifying them of the effective start date of their EZ-Pay account. Starting from that date, the ERP charge will be billed to their EZ-Pay account if their stored-value card is not inserted into the vehicle's IU or if the card carries insufficient value.

“All motorists have a lot to benefit from using EZ-Pay,” said Mr Nicholas Lee, Chief Executive Officer of EZ-Link. “Besides giving a long-term solution to their woes of forgetting to top up or insert their stored-value cards into their IUs, EZ-Pay also gives motorists a peace of mind and the ability to track their ERP expenses conveniently – all at no extra costs.”

EZ-Pay will also be "available soon" for carparks, added EZ-Link.

Source: CNA/ek

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