Sponsor

NETS

2B34

NETS Group is a leading payments services group comprising three entities – NETS, Banking Computer Services (BCS) and NETS Solutions. We enable digital payments for merchants, consumers, and banks across the entire payments value chain. Guided by our purpose statement “Connecting Communities, Empowering Lives” we aim to make an impact to the communities we serve.


We operate Singapore’s national debit scheme enabling customers of DBS Bank/POSB, HSBC, Maybank, OCBC Bank, Standard Chartered Bank and UOB to make payments at more than 150,000 acceptance points locally. We enable businesses to accept payments from overseas wallets and foreign cards such as BCA, RuPay, UnionPay and apps from Alipay+, BHIM, DuitNow, PromptPay, UnionPay and WeChat Pay.


As the market leader in providing payment and clearing solutions, NETS Solutions provides financial market infrastructure (FMI) solutions and advisory for central banks and financial institutions in Singapore and abroad. Our products include Real-Time Gross Settlement (RTGS) and Central Securities Depository (CSD) systems, which are the settlement engines for high value payments and securities transactions used by central banks around the world.


An entity of NETS Group, Banking Computer Services manages and operates Singapore’s clearing and payment infrastructure for core electronic transfer services such as FAST, Interbank GIRO, eGiro and PayNow.


For more information on the NETS Group, please visit www.nets.com.sg.

 

Products and Services

Products and Services Description
NETS POS, NETS Unified POS, NETS Integrated POS, NETS SoftPOS

NETS POS: Seamless payments terminal that improves operational efficiency with the acceptance of NETS Debit/ATM card and NETS QR

NETS Unified POS: Holistic integration of NETS, credit cards and overseas payments

NETS Integrated POS: An all-in-one solution to take orders, process payments and track sales

NETS SoftPOS: A terminal-less solution to accept contactless payments via an Android smart device

Stored Value Solutions, compatible with NETS App

A suite of stored value solutions for various needs:

  • NETS Motoring Card: For contactless payment at car parks and ERP gantries
  • NETS Prepaid Card: For everyday spending and management of family expenses
  • NETS FlashPay Card: All-in-one card for travel and retail shopping needs


Real-Time Gross Settlement System: NS-RTGS

Designed by NETS Solutions, NS-RTGS is a core component of Financial Market Infrastructure, enabling the real-time, final, and irrevocable settlement of high-value interbank transactions. It also supports advanced liquidity and queue management to ensure efficient payment processing.

Central Securities Depository System: NS-CSD

Designed by NETS Solutions, NS-CSD manages the full lifecycle of securities, from issuance, settlement, coupon distribution to redemption. It efficiently settles FOP, DVP and repo transactions, and handles a broad spectrum of corporate actions.

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