Tag "Nets"
NETS Bolsters Board with Cybersecurity Expert John Yong
The Network for Electronic Transfers (NETS) has announced the addition of John Yong as a non-executive independent director to its board, effective from 19 February. Yong brings over 40 years of experience in the field of information and communication security,
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FlashPay Card Phases Out, Exchange for New NETS Prepaid Card Starts 19 Jan
The Network for Electronic Transfers (NETS) has launched a card exchange programme for holders of the NETS FlashPay Card in response to the Land Transport Authority’s (LTA) decision to phase out the existing card-based ticketing system for adult commuters. Starting
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NETS Goes Beyond Payments With ‘Merchant Solutions’ Launch
The Network for Electronic Transfers (NETS) has expanded beyond payments with the launch of its Merchant Solutions, where over 100 merchants participated in the pilot phase this year. The solution is a customisable management system designed to streamline business operations
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UOB Online Banking Suffers Disruptions on Saturday, Back Up By Midday
The United Overseas Bank (UOB) experienced sporadic disruptions with its online banking platforms last Saturday (4 November), according to a report by The Business Times. Users began reporting difficulties in accessing the bank’s mobile and internet banking services around midday,
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Alipay+ Integrates With SGQR to Enable QR Payments at 11,000 Hawkers
Alipay+ has partnered with Singapore’s leading payment services group, Network for Electronic Transfers (NETS), to integrate with SGQR, the world’s first unified payment QR code. The SGQR integration will make the Alipay+ suite of digital payment solutions available at approximately
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NETS’ Merchants Can Now Accept Mastercard and Visa Payments on Their Terminals
The Network for Electronic Transfers (NETS) Group has inked agreements with Mastercard and Visa to acquire merchants directly in Singapore. Eligible merchants can now have access to an enhanced suite of digital payment schemes such as NETS, Mastercard, and Visa
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NETS Rolls Out Prepaid Card With Daily Spending Limits of up to S$1000
Network for Electronic Transfers (NETS) has announced the launch of the NETS Prepaid Card, its first ‘smart’ stored-value card for retail and transit. There is no minimum age, income requirement, annual subscription fees or credit checks required for the purchase
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NETS and Thailand’s National ITMX Expand Cross-Border QR Payment Ties
Network for Electronic Transfers (NETS), Singapore’s payment services group, and National ITMX, Thailand’s key inter-bank payment infrastructure and central data processing system, announced the expansion of their cross-border QR payment collaboration. This partnership will facilitate inbound and outbound cross-border payments
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NETS Announces Two New Board Appointments From OCBC
Network for Electronic Transfers (NETS) announced that Sunny Quek and Melvyn Low have been appointed to its Board of Directors, effective 1st November 2021 onwards. Sunny Quek, who is OCBC’s Head of Consumer Financial Services, succeeds Ching Wei Hong, the
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NETS Enhances Local SMEs’ Cross-Border Payments Capabilities With Alipay+ Integration
Network for Electronic Transfers (NETS), Singapore’s payment services group announced plans to integrate with Ant Group’s Alipay+ to further enhance the digital payments capabilities of its local merchants at the Singapore Fintech Festival 2021. Introduced by Ant Group since 2020,
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