SINGAPORE - EZ-Link, on Wednesday, announced a collaboration with DBS Bank that will extend its EZ-Pay facility to DBS and POSB card holders.

The expansion will enable wider access to the payment service - launched back in Aug 2016 - by allowing more card holders in Singapore to use EZ-Pay.

Holders of DBS or POSB credit and debit cards can visit the EZ-link to register for an EZ-Pay account, a company release stated.

The service guarantees sufficient funds for ERP charges at all times by enabling payments to be charged directly to the registered card. Customers will also be able to check records of ERP transactions by logging in to their EZ-Pay accounts or referring to their monthly card statements, the release added.

" The expansion of EZ-Pay for DBS & POSB card holders further demonstrates the potential of account-based payment service in bringing about convenient and secured payments to motorists," said Mr Nicholas Lee, chief executive officer of EZ-Link.