Wirecard Singapore, a subsidiary of Wirecard Group, has been selected by Premier Taxis to offer its next generation payment infrastructure for more than 2,000 taxis in Singapore.

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

The solutions offered by Wirecard include cashless payment terminals fully integrated with the Premier Taxis Mobile Data Terminal (MDT) embedded in every taxi for fleet and order management purposes.

The alliance will also see Wirecard delivering Premier Taxis with real-time payment processing and reconciliation services.

Premier Taxis managing director Lim Chong Boo said: "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."

Established in 2003, Premier Taxis operates as a subsidiary of Premier Corporation, an investment holding company with other interest in car rental services and fleet management services.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData