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CEPAS
CEPAS, the Specification for Contactless e-Purse Application, is a Singaporean specification for an electronic money smart card. CEPAS has been deployed island-wide, replacing the previous original EZ-Link card effective 1 October 2009. Function The CEPAS provides the command sets and data bytes that can be used for contactless e-purse applications, and focuses on the debit and credit areas. The most recent version of the standard is CEPAS 2.0. The standard allows for the interoperability of multi-purpose stored value (MPSV) card payment schemes from different card issuers and system operators. Background CEPAS is spearheaded by the Infocomm Development Authority of Singapore (IDA), and is one of the key next generation e-Payment initiatives under Singapore's iN2015 infocomm masterplan led by IDA. The vision of CEPAS is for Singaporeans to have a single MPSV card for use all around Singapore for micro-payments. This includes transit (bus, MRT, LRT), taxi, motoring ( ERP, parki ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
EZ-Link
The EZ-Link card is a rechargeable contactless smart card and electronic money system that is primarily used as a payment method for public transport such as bus and rail lines in Singapore. A standard EZ-Link card is a credit-card-sized stored-value contact-less smart-card that comes in a variety of colours, as well as limited edition designs. It is sold by TransitLink Pte Ltd, a subsidiary of the Land Transport Authority (LTA), and can be used on travel modes across Singapore, including the Mass Rapid Transit (MRT), the Light Rail Transit (LRT), public buses which are operated by SBS Transit, SMRT Buses, Tower Transit Singapore and Go-Ahead Singapore, as well as the Sentosa Express. Established in 2001, the first generation of the card was based on the Sony FeliCa smart card technology and was promoted as the means for speedier boarding times on the city-state's bus and rail services. It had a monopoly on public transportation fare payments in Singapore until September 2 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Network For Electronic Transfers
Network for Electronic Transfers, colloquially known as NETS, is a Singaporean electronic payment service provider. Founded in 1985, by a consortium of local banks, it aims to establish the debit network and drive the adoption of electronic payments in Singapore. It is owned by DBS Bank, OCBC Bank and United Overseas Bank (UOB). The NETS Group (comprising NETS, BCS and BCSIS) provides a full suite of payments and financial processing services including direct debit and credit payments at point-of-sale (NETS) and online (eNETS), mobile payments (NETSPay), card services (CashCard, FlashPay card), electronic funds transfer (FAST, Paynow, GIRO) and payment and clearing solutions (Real-Time Gross Settlement, Cheque Truncation System). NETS is also a member of the Asian Payment Network (APN) and a council member of UnionPay International. History NETS was first introduced to the public on 27 June 1985 as a 2-month pilot project involving 10,000 ATM card holders from the five local ba ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mass Rapid Transit (Singapore)
The Mass Rapid Transit system, locally known by the initialism MRT, is a rapid transit system in Singapore and the island country's principal mode of railway transportation. The system commenced operations in November 1987 after two decades of planning with an initial stretch consisting of five stations. The network has since grown to span the length and breadth of the country's main island – with the exception of the forested core and the rural northwestern region – in accordance with Singapore's aim of developing a comprehensive rail network as the backbone of the country's public transportation system,Singapore's heavy rail network is composed of three distinct systems. Two of the three are rapid transit networks, chiefly a) the MRT system, which falls entirely within the city-state and forms the core of the network, and b) the two-station cross-border Johor Bahru–Singapore rapid transit system (RTS), linked to the mainline MRT and due to commence operations in end- ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sentosa Express
The Sentosa Express is a monorail line connecting Sentosa island to HarbourFront on the Singapore mainland. It was built at a cost of Singapore dollar, S$140 million to replace the previous Sentosa Monorail. Development began in June 2003 and construction works were completed in December 2006. The fully elevated 2.1-kilometre (1.3-mile; per direction) two-way line (4.3-km total track length) opened on 15 January 2007. The monorail system, privately owned and operated by Sentosa Development Corporation, can move up to 4,000 passengers per hour per direction. History In June 2002, the Sentosa Development Corporation (SDC) awarded a contract to Japanese subsidiary Hitachi Asia to build the Sentosa Express, which was part of a ten-year redevelopment plan for Sentosa, an offshore island south of the Singapore Island, Singapore main island dedicated to tourism. It was to replace the Sentosa Monorail which had been in operation since 1982, with the previous monorail planned for d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Smart Card
A smart card, chip card, or integrated circuit card (ICC or IC card) is a physical electronic authentication device, used to control access to a resource. It is typically a plastic credit card-sized card with an embedded integrated circuit (IC) chip. Many smart cards include a pattern of metal contacts to electrically connect to the internal chip. Others are contactless, and some are both. Smart cards can provide personal identification, authentication, data storage, and application processing. Applications include identification, financial, mobile phones (SIM), public transit, computer security, schools, and healthcare. Smart cards may provide strong security authentication for single sign-on (SSO) within organizations. Numerous nations have deployed smart cards throughout their populations. The universal integrated circuit card, or SIM card, is also a type of smart card. , 10.5billion smart card IC chips are manufactured annually, including 5.44billion SIM card IC chips. Hist ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Singapore
Singapore (), officially the Republic of Singapore, is a sovereign island country and city-state in maritime Southeast Asia. It lies about one degree of latitude () north of the equator, off the southern tip of the Malay Peninsula, bordering the Strait of Malacca to the west, the Singapore Strait to the south, the South China Sea to the east, and the Straits of Johor to the north. The country's territory is composed of one main island, 63 satellite islands and islets, and one outlying islet; the combined area of these has increased by 25% since the country's independence as a result of extensive land reclamation projects. It has the third highest population density in the world. With a multicultural population and recognising the need to respect cultural identities of the major ethnic groups within the nation, Singapore has four official languages: English, Malay, Mandarin, and Tamil. English is the lingua franca and numerous public services are available only in Eng ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Taxicabs Of Singapore
Taxis of Singapore come in two main varieties. Traditional taxi companies (such as ComfortDelGro, Strides Taxis, TransCab, Premier Taxis Silvercab or Prime Taxis) offer flag down and call bookings and their drivers are hired employees of the company. Ridesharing companies (such as Grab, Ryde, TADA and Go-Jek) allow bookings through a smartphone, allowing ease for passengers, these are mostly known as private hire vehicles (PHV). Their apps also allow the flexibility to work and pick up passengers with their own vehicle, be it owned or rented, provided the various requirements are met depending on the company. Taxis may be flagged down at any time of the day along any public road outside of the Central Business District (CBD), while private hire cars may be booked via ridesharing apps. Issues of high traffic and demand in certain locations and areas, particularly in the downtown area and other major buildings and establishments around the island, require the building of taxi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Micropayments
A micropayment is a financial transaction involving a very small sum of money and usually one that occurs online. A number of micropayment systems were proposed and developed in the mid-to-late 1990s, all of which were ultimately unsuccessful. A second generation of micropayment systems emerged in the 2010s. While micropayments were originally envisioned to involve very small sums of money, practical systems to allow transactions of less than 1 have seen little success. One problem that has prevented the emergence of micropayment systems is a need to keep costs for individual transactions low, which is impractical when transacting such small sums even if the transaction fee is just a few cents. Definition There are a number of different definitions of what constitutes a micropayment. PayPal defines a micropayment as a transaction of less than £5 while Visa defines it as a transaction under 20 Australian dollars. History The term was coined by Ted Nelson, long before the inventi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Transit System
Public transport (also known as public transportation, public transit, mass transit, or simply transit) is a system of transport for passengers by group travel systems available for use by the general public unlike private transport, typically managed on a schedule, operated on established routes, and that charge a posted fee for each trip. There is no rigid definition; the ''Encyclopædia Britannica'' specifies that public transportation is within urban areas, and air travel is often not thought of when discussing public transport—dictionaries use wording like "buses, trains, etc." Examples of public transport include city buses, trolleybuses, trams (or light rail) and passenger trains, rapid transit (metro/subway/underground, etc.) and ferries. Public transport between cities is dominated by airlines, coaches, and intercity rail. High-speed rail networks are being developed in many parts of the world. Most public transport systems run along fixed routes with set embarka ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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