Any-time mobile top-up with real-time cash load and purse balance
The technology that underpins the WOWPOS solution was introduced to EZ-Link in 2012, enabling consumers to conveniently top up their EZ-Link purse on the go using an NFC-enabled phone. This top-up feature was part of the payments technology stack, the IP for which has since been acquired by WOW Finstack.
At the time, EZ-Link managed Singapore's single largest contact-free stored value smart card system for payments on public buses and MRT trains, accepted at EPS car parks and retailers across Singapore, with more than 17 million CEPAS-compliant cards issued.
The top-up solution facilitates top-up of stored value cards from various funding sources, including debit and credit cards, making mobile payment secure, fast and easy with purses uploaded on demand in real time.
- On-demand ad-hoc top ups via internet, web, mobile, phone and NFC
- Recurrent and auto top-ups
- Ability to block the electronic purse if the phone is lost or stolen
- Refunding of credit
As at 2012, the services were usable at over 20,000 points of sale accepting EZ-Link payments, including taxis, supermarkets and fast food chains.