CITIBANK Singapore on Tuesday announced a partnership with EZ-Link to offer a seamless automatic top-up solution for the payment of Electronic Parking System (EPS) parking fees and Electronic Road Pricing (ERP) gantry fees for its commercial card customers.
Citibank said that it is the first bank in Singapore to collaborate with EZ-Link on this business-to-business (B2B) offering, called EZ-Reload Corporate Service, that aims to change the way companies manage their corporate fleet of vehicles.
"Companies will be able to link their ez-link cards issued by EZ-Link to the EZ-Reload Corporate Service using their Citibank commercial card account, which will be automatically topped up whenever they fall short of the stored value for payment. Such payment solution offers greater convenience, cost savings and ease to the companies in managing their corporate fleet."
Up to 1,000 ez-link cards can be linked to a Citibank Commercial Card account. The administrative fees for the top-ups will be waived starting from Nov 1, 2015.
This article has been extracted from http://www.businesstimes.com.sg, please click on this link to read the article in full http://www.businesstimes.com.sg/transport/citi-ties-up-with-ez-link-on-erp-payment-solution-for-corporate-clients
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