Wirecard and Premier Taxis partner for next generation taxi payment infrastructure

Singapore: Wirecard Group, with its Singapore subsidiary Wirecard Singapore Pte Ltd, today announced that Premier Taxis Pte Ltd has chosen Wirecard to provide its next generation payment infrastructure for more than 2,000 taxis in Singapore.

Premier Taxis Pte Ltd, founded in 2003, is a fully owned subsidiary of Premier Corporation Pte Ltd, an investment holding company with other interest in car rental services and fleet management services.

Wirecard will provide Premier Taxis with a fully integrated suite of payment solutions, enabling taxis to accept payments with MasterCard, PayPass, American Express, JCB, UnionPay, Diners, NETS Debit and FlashPay and ez-link cards.

Wirecard's solution includes cashless payment terminals fully integrated with the Premier Taxis Mobile Data Terminal (MDT) embedded in every taxi for fleet and order management purposes. Furthermore Wirecard will provide Premier Taxis with real-time payment processing and reconciliation services.

"Wirecard's innovative solution for taxis allows us to offer an improved and wider range of payment experience for customers and taxi drivers while helping us to lower our operating expenses, thanks to the solution's tight integration with our fleet management system," explains Lim Chong Boo, Managing Director, Premier Taxis.

"It is a great pleasure to welcome Premier Taxis amongst our first clients for our next generation payment solution for the taxi industry," says Jeffry Ho, Managing Director, Wirecard Singapore. "By catering to the needs of all stakeholders - from the customer, to the taxi driver and the fleet operator - we have designed a truly distinct solution for the taxi industry."

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