As the year comes to a close, we want to take a moment to thank you — our valued business partners and merchants — for your support. Together, we’ve achieved amazing milestones in 2024: 🚗 1 Million NETS Motoring Cards given to motorists to enable seamless motoring payments with the new OBU. 💳 We made payments faster and more convenient with NETS Contactless, enhancing your everyday payment experience. 📲 Introducing NETS SoftPOS, a terminal-less payment solution which helps businesses to simplify operations and save costs. 📱Commercial launch of SGQR+ at over 35,000 acceptance points islandwide, making payments more accessible for businesses and consumers. Here’s to an even more exciting and innovative 2025 ahead! Thank you for being part of our journey.
About us
The NETS Group is a leading payments services group, enabling digital payments for merchants, consumers, and banks across the entire payments value chain. We are guided by our purpose statement “Connecting Communities, Empowering Lives” to make an impact to the communities we serve. NETS operates Singapore’s national debit scheme and enables payments for ATM cards or mobile devices at more than 130,000 acceptance points in the country. It also provides innovative and diverse digital payment solutions, which include NETS contactless payment, digital payments overseas as well as NETS QR payment, online and in-app payment. NETS is also the issuer of NETS FlashPay, NETS Motoring Card and NETS Prepaid Card. BCS, in its role as the key payment network operator in Singapore, manages and operates the national clearing and payment infrastructure in Singapore, including FAST, Interbank GIRO, eGiro, Cheque Clearing, PayNow and SGQR Central Repository. It provides the backbone to all digital transfers of money between one individual or organisation to another, and central banks, clearing houses and commercial banks have leveraged BCS’ payment rail infrastructure and card network in Singapore, to provide end consumers and corporate clients payment solutions. With the world becoming increasingly interconnected, BCS plays a pivotal role in facilitating better, smarter and more secure real time fund transfer payments across countries. Providing innovative financial market infrastructure solutions to financial institutions and corporate clients, NETS Solutions has been building payments, clearing and settlement systems, and delivering breakthrough financial service innovations across the globe. With a unique synergy of technical, operational and project management expertise, it provides leading-edge, multi-currency, domestic and cross-border funds transfer and processing capabilities to banks and businesses.
- Website
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https://www.nets.com.sg
External link for NETS
- Industry
- Financial Services
- Company size
- 501-1,000 employees
- Headquarters
- Singapore
- Type
- Privately Held
- Founded
- 1985
- Specialties
- EFTPOS, Online Payments, Switching, Card Personalisation, Digital payments, Contactless payments, Innovation, Mobile payments, Banking, Electronic Transfers, and FINTech
Locations
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Primary
Get directions
351 Braddell Road
#01-03
Singapore, 579713, SG
Employees at NETS
Updates
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Over the weekend, the NETS team came together to organise a Health Carnival in partnership with HealthServe Ltd for migrant workers in Singapore. It was a Saturday well-spent as we supported and promoted the well-being of 550 migrant brothers through basic health check ups, dental hygiene education and more. We’re grateful for the opportunity to contribute back to society. Thank you to all the volunteers who made this event a success! #connectingcommunitiesempoweringlives #netscare #charity #migrantworkers
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Inventory management, payment issues and cash flow are just some of the challenges of running a business. Find out how the NETS Integrated POS Solution can help you address your retail roadblocks here: https://bit.ly/3YOyfxR
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✋️ STOP! If you have not stopped by our booth, today is your final chance. Burnt Ends Bakery donuts, a limited edition Tappy shopping bag and a free NETS Prepaid Card await you at Hall 2, booth 2E23! All you have to do is Tap or Scan to pay for NETS payment. You know you want it 😉 #SFF2024 #digitalpayments
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It's a wrap for Day 2 at SFF! We are excited to announce our rollout plans for the interoperable Singapore Quick Response Code Scheme (SGQR+), bringing the total number of acceptance points to over 35,000. This milestone was marked by a lively panel discussion on the impact of SGQR+ to merchants and consumers. The session was moderated by our Group CEO, Lawrence Chan and joined by Sukhvinder Singh from Maybank, Etienne N. from Weixin Pay and Miguel Pereira from ZOOMOOV. Under this scheme, customers of 18 participating payment schemes and issuers will be able to pay by scanning the SGQR label displayed at merchants. With NETS, merchants only need to maintain one commercial arrangement to accept these payments. The technical 'live' will be completed by Q4 2024 and rollout will be fully completed by Q2 2025. For more info, read the press release available here: https://lnkd.in/gjdGZnsh #SFF2024 #digitalpayments #connectingcommunitiesempoweringlives
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Check out our booth at Hall 2 (2E23) at the Singapore Fintech Festival! Experience how easy and convenient it is to tap and scan for NETS payment. You can also redeem an exclusive Burnt Ends Bakery donut, a limited edition Tappy shopping bag and NETS Prepaid Card. See you there! #SFF2024 #digitalpayments #connectingcommunitiesempoweringlives
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Looking for ways to grow your business? Get started with NETS for faster in-store and online checkouts for your customers! With the wide range of payment solutions that NETS offers, going digital for your business is now easier than ever before. #NETSforBusiness
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Wishing everyone a joyous Deepavali! May this festival of lights bring good health and prosperity to you and your loved ones. 🕯✨ #HappyDeepavali
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We had the privilege of conducting an informative Digital Literacy workshop for students from APSN Tanglin School, introducing them to digital payments and the various ways to pay. To put what they’ve learnt into practice, we brought them on a Learning Journey to nearby shops and guided them with a hands-on experience through making purchases. It was a memorable experience empowering these young minds. Thank you to our volunteers who participated and embodied the Power of We! #NETS #ConnectingCommunities #charity #PowerofWE
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