Tag "Nets"
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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NETS Appoints UOB’s Head of Group Tech and Operations as New Chairman
Network for Electronic Transfers (NETS), a Singaporean electronic payment service provider, announced the appointment of Susan Hwee, UOB’s Head of Group Technology and Operations as its new Chairman, her appointment takes effect from 1 September 2021 onwards. The chairmanship of
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Bring Colour Back to the South East Asian Payments Landscape
For the global banking and finance industry, Southeast Asia (SEA) has established itself as a key region in terms of innovation and growth opportunities in real-time payments. Underlying this is the fact that SEA’s internet economy is projected to triple
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NETS Partners Singtel for Cross-Border Digital Payment Services
Network for Electronic Transfers (NETS) plans to accelerate the development and delivery of its digital cross-border payment services, leveraging Singtel’s ConnectPlus Managed Network and Amazon Web Services’ (AWS’) cloud computing platform. This collaboration will pave the way for Singaporeans to
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NETS Group Appoints New CEO
Network for Electronic Transfers (NETS) announced today that Lawrence Chan has been appointed Group Chief Executive Officer, with effect from 22 June 2020. Chan joins the NETS team with over two decades of payments experience, and a strong track record
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Singtel’s NCS Partners NETS to Develop New e-Payment Platform for Central Banks in Asia Pacific
NCS today signed a memorandum of understanding (MOU) with the Network for Electronic Transfers (NETS) Group to develop a new real-time Electronic Payment and Securities Settlement Platform for central banks. The collaboration brings together NCS’ capabilities in building highly secure,
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