A new transit card targeted at frequent travelers between Singapore and Guangdong will be able to hold both Chinese RMB and Singapore dollars, and will be able to purchase goods in both cities, making it the first ever card to do so. The ‘SINO Visitor Pass’ will work in public transit as well as over 100,000 shops when it is launched in 2014.
This news likely strikes the reader as either A) a mundane update on some transit card in the South or B) Holy-shit-this-changes-everything. For those in the latter group, ZDNet offers more details:
Additional functions will be progressively added after the launch such as inter-city top-up features and the integration of e-tickets to hold products such as tourist passes.
“This means that in the future, visitors can also gain access to tourist attractions, food and beverage, retail deals and other lifestyle applications in both countries with this pass,” said EZ-Link’s CEO Nicholas Lee, in the statement.
Singapore receives some 266,000 Guangdong tourists per year, and many Singaporean business relations with China take place via the southern province.