EZ-Link
The EZ-Link card is a contactless smart card based on the Sony FeliCa smartcard technology and used for the payment of public transportation fares in Singapore, with limited use in the small payments retail sector. It currently has a monopoly over public transportation fare payments in Singapore until the new NETS CashCard, which has a monopoly over Electronic Road Pricing toll payments, enters the market in September 2009 (and vice-versa). Established in 2001, it was promoted as the means for speedier boarding times on buses. EZ-Link cards are sold, distributed and managed by EZ-Link Pte. Ltd., a subsidiary of Singapore's Land Transport Authority. As of 2007, there are over 10 million EZ-Link cards in circulation, with 4 million card-based transactions occurring daily. Effective 1 October 2009, the new CEPAS EZ-Link card has replaced the original EZ-Link card for use islandwide.
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