NETs
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Singapore’s leading payment services group, Network for Electronic Transfers (NETS), has announced a new addition to its Board of Directors. Effective Monday, 23 December 2024, Mr Lawrence Goh, Head of Group Technology and Operations (GTO) at UOB, will step into his role, succeeding Mr Eddie Khoo. Mr Lawrence Goh brings over 30 years of international…
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Network for Electronic Transfers (NETS) announced an ambitious expansion of the Singapore Quick Response Code Scheme (SGQR+) to 35,000 acceptance points, with a focus on interoperability across the island’s payment networks. This expansion follows a successful proof of concept (POC) last November and includes plans to bring the unified QR code payment option to hawker…
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Network for Electronic Transfers (NETS), a leading payment services group in Singapore, has introduced a new innovation aimed at transforming the payment landscape for merchants. The newly launched NETS SoftPOS is a terminal-free payment solution designed to enable swift, seamless, and cost-efficient transactions. Payment Without the Hardware The NETS SoftPOS app, now available on the…
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Singapore – Network for Electronic Transfers (NETS), Singapore’s leading payment services group, announced today that it will offer a complimentary NETS Motoring Card to every vehicle owner installing an On-Board Unit (OBU). This initiative is expected to benefit up to 1 million motorists. The Land Transport Authority (LTA) will manage the distribution of the NETS…
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Network for Electronic Transfers (NETS) has declared its commitment to maintain sales and support for the NETS FlashPay Card. This decision aligns with the Land Transport Authority’s (LTA) extension of the existing adult card-based ticketing system, allowing it to operate concurrently with the SimplyGo system. What you should know NETS ensures continuity of service for…
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Please note: Free NETS FlashPay card exchange at SimplyGo ticket offices ‘temporarily unavailable’ until further notice NETS introduces a card exchange program for its FlashPay Card in response to the Land Transport Authority’s (LTA) decision to phase out the existing card-based ticketing system for adult commuters. The NETS FlashPay Card, primarily used for instore purchases…
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NETS has unveiled its new merchant solutions, aimed at transforming business operations for small enterprises. The offering includes an Integrated Point-of-Sale (POS) terminal solution, QR ordering, and self-service payment options, primarily targeting the food & beverage, hair & beauty, and retail sectors. The Integrated POS solution, a standout feature, allows merchants to efficiently manage their…
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Singapore’s DFI Retail Group (DFI) has partnered with Alipay+ to accept six Asian mobile payment methods simultaneously at all 7-Eleven, Cold Storage, Giant, and Guardian stores in the country. This move aims to enhance the shopping experience for international visitors, catering to the rising popularity of digital payment options like mobile wallets. Enabled by NETS,…
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Singapore’s leading payment services group, Network for Electronic Transfers (NETS), has been working closely with banks and payment scheme providers to increase access to its contactless payments. With the launch of its tap-to-pay feature in 2018, NETS has been able to offer consumers a faster and more efficient method of paying for micropayments. Recent collaborations…
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Singapore’s leading payment services group, Network for Electronic Transfers (NETS), has signed a landmark agreement with Mastercard and Visa to acquire merchants directly in Singapore. As a result of the partnership, eligible merchants can now have access to a comprehensive range of digital payment schemes from a single payment service provider, NETS. The move is…
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