This collaboration is timely as it comes in anticipation of an increase in ez-link transactions due to higher public transport riderships as well as an increase in the number and range of merchant and government agencies that accept ezlink payments, such as McDonald’s, 7-Eleven Convenience Stores, F&N Coca-Cola vending machines, F&B outlets at NTU and NUS and all National Library Board branches. Offering Convenience to OCBC Bank and EZ-Link Customers EZ-Link is willing to issue ez-link card readers to all schools to help facilitate this, since all students already carry a student ID card which is also an ez-link card. The aim is to have all schools provide this service to students and parents.
#Ocbc merchant credit card terminal update#
In this instance, once funds are secured via OCBC Mobile Banking or EZ-link’s website, all the student needs to do, is to proceed to the school office where a dedicated PC with an ez-link card reader attached will allow them to tap their cards to update the increased value in their cards. Ten schools have agreed to participate in the Top & Tap programme to benefit their students who will be able to top-up their ez-link cards at school, for immediate use. From August 2008 onwards, customers will also be able to perform the fund transfer part of the ′Top & Tap′ transaction at these EZ-Online Stations, using a credit or debit card. To date, EZ-Link has rolled out EZ-Online Stations at five high-traffic MRT stations: Bugis, Orchard, Tanjong Pagar, Ang Mo Kio, and Raffles Place MRT Stations, for tapping of cards to complete the top-up process. Best of all, customers can top-up their own cards or that of a family member, and can do so remotely- the beneficiary does not have to be present with his or her ez-link card at the point of funds transfer. This can be done with a mobile phone using OCBC Mobile Banking or by using a credit or debit card on EZ-Link’s website before proceeding to an EZ-Online Station to tap the ezlink card on the card reader to complete the process. Top & Tap is a two-step process that involves securing funds from an OCBC Bank account. OCBC Bank is the first and only bank to tie up with EZ-Link to offer such a remote top-up service. The Top & Tap service is available via OCBC Mobile Banking and EZ-Online with immediate effect. SINGAPORE, 23 July 2008 – Oversea-Chinese Banking Corporation Limited (“OCBC Bank”) and EZ-Link Pte Ltd today announced a collaboration to introduce a remote means of topping-up ez-link cards, for greater customer convenience. With Top & Tap, a top-up service via OCBC Mobile Banking and EZ-Online, consumers can enjoy the convenience of adding funds to their ez-link cards anytime, anywhere.
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