ASCHHEIM (MUNICH), Germany, June 3, 2015 /PRNewswire/ --

Wirecard Group, with its Singapore subsidiary Wirecard Singapore Pte Ltd, today announced that Premier Taxis Pte Ltd has chosen Wirecard to provide its next generation payment infrastructure for more than 2,000 taxis in Singapore.

Premier Taxis Pte Ltd, founded in 2003, is a fully owned subsidiary of Premier Corporation Pte Ltd, an investment holding company with other interest in car rental services and fleet management services.

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

Wirecard's solution includes cashless payment terminals fully integrated with the Premier Taxis Mobile Data Terminal (MDT) embedded in every taxi for fleet and order management purposes. Furthermore Wirecard will provide Premier Taxis with real-time payment processing and reconciliation services.

"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," explains Lim Chong Boo, Managing Director, Premier Taxis.

"It is a great pleasure to welcome Premier Taxis amongst our first clients for our next generation payment solution for the taxi industry," says Jeffry Ho, Managing Director, Wirecard Singapore. "By catering to the needs of all stakeholders - from the customer, to the taxi driver and the fleet operator - we have designed a truly distinct solution for the taxi industry."

About Wirecard:  

Wirecard AG is a global technology group that supports companies in accepting electronic payments from all sales channels. As a leading independent supplier, the Wirecard Group offers outsourcing and white label solutions for electronic payments. A global platform bundles international payment acceptances and methods with supplementary fraud prevention solutions. With regard to issuing own payment instruments in the form of cards or mobile payment solutions, the Wirecard Group provides companies with an end-to-end infrastructure, including the requisite licences for card and account products. Wirecard AG is listed on the Frankfurt Securities Exchange (TecDAX, ISIN DE0007472060, WDI). For further information about Wirecard, please visit http://www.wirecard.com or follow us on twitter @wirecard.

About Premier Taxi: 

Premier Taxis Pte Ltd. is a fully owned subsidiary of Premier Corporation Pte Ltd, a leading local car rental and Fleet Management Service Provider since 1995.

The company was formed when the holding company was granted a Taxi Operator's License following the deregulation of the Taxi Industry in 2003.

http://www.premiertaxi.com

Wirecard Media Contact:
Wirecard AG
Maren Brandt
Tel.:  +49-(0)89-4424-1425
Email: maren.brandt@wirecard.com

SOURCE Wirecard AG