EZ-Link and FWD Insurance enhance 'Activate!' ez-link card coverage

EZ-Link Pte. Ltd., Singapore's largest issuer of CEPAS-compliant cards, has today announced a new partnership with FWD Insurance, a fully digital life and general insurer, to enhance coverage for ez-link cards registered with 'Activate!' - a free card-blocking service. 'Activate!' ez-link card holders can now claim up to $15 for unauthorised usage due to loss or theft - an increase from $10 coverage when the service started in 2012.

'Activate!' offers a suite of value-added services that enable ez-link card holders to protect their lost or stolen cards. In addition to the free card-blocking service that blocks the card from unauthorised usage after discovering the loss, registered users can also recover the remaining stored value left from the card. They can claim up to $15 under FWD's coverage in the event of unauthorised usage on the lost card. Other features on 'Activate!' include tracking of card usage and monitoring of up to 90 transactions in the past three months.

With more than 76,000 ez-link cards reported lost over the last three years, ez-link encourages card holders to register their ez-link cards on 'Activate!' to protect their card value in the event of card loss or theft. To enjoy the benefits of 'Activate!', ez-link card holders can register their ez-link cards via the EZ-Link Mobile Application or the 'Activate!' online portal at www.ezlink.com.sg/activate. Each user may register up to three ez-link cards on 'Activate!' and enjoy auto-renewal of coverage annually.