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New Contactless CashCard to come with mobile app for automatic top-ups, tracking of transactions

SINGAPORE — Track your transactions and sign up for automatic top-ups on your CashCard with the aid of a mobile application.

SINGAPORE — Track your transactions and sign up for automatic top-ups on your CashCard with the aid of a mobile application. 

Homegrown payment services group Nets on Wednesday (May 2) launched its new Contactless CashCard, compatible with existing in-vehicle units.

The contactless card will allow motorists to tap and pay for parking charges at carparks that have not been upgraded.

For upgraded carparks, drivers just need to insert their CashCards into the in-vehicle unit, and wait for the auto-deduction to occur, before entering, or exiting.

The new product also comes with a mobile app support, which will be rolled out in July. Called the Contactless CashCard app, it allows motorists to track their transactions on their CashCards, and sign up for automatic top-ups.

Mr Alvin Seck, Nets' head of products and business development said: "The CashCard has been synonymous with car park and ERP charges since it was launched in 1996.

"We want to ensure that motorists continue to enjoy a seamless and swift payment experience at all car parks, regardless of the type of (in-vehicle unit) that they are using."

The Contactless CashCard will cost S$10, and comes with S$5 stored value.

The new card can be purchased from Wednesday at all 7-Eleven, Cheers, and Caltex branches; Vicom, as well as online at www.FlashPay.nets.com.sg

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