EZ-Link card can now be topped up via NFC

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http://www.digitalone.com.sg/news/article/20682

Consumers can now top up their EZ-Link card by using a NFC-enabled phone.

Near Field Communication technology, or NFC, is a short range wireless communication technology that transmits information between a mobile device and a reader.

With the NFC mobile application and a smartphone with NFC SIM-card capabilities, consumers can store EZ-Link's prepaid card accounts on their phone, top-up their electronic purse in real-time and make payments.

The app gives an overview of a consumer's transaction history and balances and allows loading the electronic wallet with any debit or credit card.

A complimentary program enables the electronic purse to be blocked and credit to be refunded if the mobile phone is lost or stolen.

Mobile-wallet technology, which enables payments to be made using a mobile phone equipped with near-field-communication (NFC) capabilities, is generally safe and secure, industry experts said.

But, like other payment methods such as credit cards, the onus is on consumers to protect themselves, they added.