Wirecard and Premier Taxis Partner for Next Generation Taxi Payment Infrastructure

Wirecard and Premier Taxis Partner for Next Generation Taxi Payment Infrastructure

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

Wirecard AG