Wirecard Extends MasterPass’ Taxi App Footprint

MasterCard’s digital tokenized payment service, MasterPass, has landed in more taxis, with the help of Wirecard.

Wirecard Singapore announced yesterday (Jan. 7) that it now supports ComfortDelGro Taxis’ digital payments using MasterPass. That taxi company is noteworthy for MasterCard’s digital payment solution because the transport company operates 46,500 vehicles across seven countries.

In this particular partnership, Wirecard manages the technical side of the digital wallet integration into the ComfortDelGro Taxi Booking App and also handles the payment processing. The integration also makes the transport company the first of its kind to accept MasterPass in Singapore.

“MasterPass is a service initiative to provide our customers with a seamless and hassle-free ride in our taxis. They just need to book our taxis using MasterPass, hop into our cab and get off at their destination without any fare transaction. Our drivers will also like it because there’s no fiddling of notes and coins and no dipping of cards. It really does save both customers and cabbies valuable time,” said Yang Ban Seng, CEO of ComfortDelGro Taxis.

MasterCard’s digital solution enables consumers to pay easier and without friction, as the payment method allows them to connect their wallet account with the taxi booking app. By paying with MasterPass, those customers no longer need to present a card to the driver.

“Consumers in Singapore have long enjoyed the benefits and convenience that digital payments offer, whether while shopping, dining or paying bills. The integration of MasterCard’s digital payment service, MasterPass, in taxis today simplifies this further and eliminates the need for consumers to even reach for their wallets at the end of their journeys, allowing them to exit the taxi and get to their destinations much faster,” said Deborah Heng, group head and general manager of Singapore for MasterCard.



Digital transformation has been forcefully accelerated, but how does that agility translate into the fight against COVID-era attacks and sophisticated identity threats? As millions embrace online everything, preserving digital trust now falls mostly on banks and FIs. Now, advances in identity data and using different weights on the payment mix afford new opportunities to arm organizations and their customers against cyberthreats. From the latest in machine learning for fraud and risk, to corporate treasury teams working in new ways with new datasets, learn from experts how digital identity, together with advances like real-time payments, combine to engender trust and enrich relationships.