Tag "Nets"

NETS ATM Card Payments Now Available in 7,400 Spots in Malaysia

Network for Electronic Transfers (NETS) and its Malaysia equivalent, PayNet,  announced today the launch of a real-time cross border payments usage of NETS ATM cards in Malaysia and vice versa. In April 2019, the joint statement by Tun Dr Mahathir

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NETS CEO Jeffrey Goh Steps Down

Network for Electronic Transfers (NETS) announced today that Group Chief Executive Officer Jeffrey Goh will be stepping down from his position and all other appointments within the NETS Group of companies, effective November 22, 2019. Mr Goh will be pursuing

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NETS and ComfortDelGro Launch In-App Payment for NETS Users

NETS and ComfortDelGro Taxi announced the launch of NETS’ new in-app payment method for taxi bookings and street hail trips made through the ComfortDelGro Taxi Booking App. Named NETS Click, the initiative enables consumers to use their NETS bank cards

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Singapore’s NETS to Assist Myanmar in Implementing Universal QR Payment

The NETS Group today announced that it has signed a Memorandum of Understanding (MOU) with Myanmar’s national payment network to establish a Payment Technology Exchange & Development Programme. The first project under the Programme will see NETS sharing its technical

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Addressing Hawker’s Cashless Woes, NETS Launches Same-Day Payment Settlement

NETS today announced the launch of same-day settlement for hawkers every day – which they claim to be the fastest in the industry. Despite the Singapore’s fervent push for a cashless society, there are still resistance from some segments of

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Singapore and Thailand QR Payments Will Soon Be Standardised

Thanks to a partnership signed between NETS and ITMX, Thailand’s interbank payment infrastructure, Thai mobile wallet users will soon be able to scan the NETS QR Code and NETS Pay Users in turn will also be able to scan the

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Razer Pay To Be Accepted in NETS Terminals in 2019

Razer, a global lifestyle brand for gamers, today announced that it is working with NETS Group to enable Razer Pay acceptance on NETS unified POS terminals, with the goal of enabling full interoperability by the time Razer Pay launches in

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2 Game-Changing Developments From MAS that Happened in September 2018

Singapore has aspirations towards becoming a fintech hub in the ASEAN region, and global eyes have been raptly observing the island nation’s progress. Singapore is said to be welcoming of outside talents if they have a good idea to elevate

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Fintech Investments Soar To Record-Breaking US$57B and 2018 Ain’t Over Yet

The fintech industry has achieved a new milestone recently. According to the KPMG Pulse of Fintech report, Global fintech investment roared ahead at a record pace in the first half of 2018, with US$57.9B invested across 875 deals. This value is

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Singapore’s NETS Joins Forces with India’s NPCI

NETS today announced that it has signed a Memorandum of Understanding (MOU) with National Payments Corporationof India (NPCI), an umbrella organization for all retail payments and settlement systems in India, to enable cross-border usage of their payment solutions in India and

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