SINGAPORE - SMRT Road Holdings, a unit of SMRT Corp, has tied up with London-based taxi mobile application developer Hailo Network Holdings to introduce a taxi booking application for passengers and taxi drivers in Singapore.

Targeted for launch next month, the Hailo taxi booking application offers passengers fuss-free cashless payment.

Passengers can register their credit cards with Hailo and receive e-mail receipts at the end of their trips.

This shortens the time required for the processing of payment, for both the passenger and taxi driver.

With just a few taps, users can book and track their taxi's arrival through a real-time display.

Said SMRT Roads managing director Benny Lim: "The integration of Hailo Network's expertise in taxi booking systems and SMRT Road's experience in taxi operations and fleet management, offers a seamless taxi booking experience for our passengers and taxi drivers in Singapore."