NETS

Updated version of Singapore's unified QR code, SGQR+, launched by NETS - THE EDGE SINGAPORE

Singapore Fintech Festival 2024

Updated version of Singapore's unified QR code, SGQR+, launched by NETS

This version will go live in 4Q2024, and will see dtcpay, Maribank and Maybank come on board as issuers by 2Q2025.
5% of NETS terminal network affected in ongoing disruption; customers advised to use SGQR or cash - THE EDGE SINGAPORE

Singapore news

5% of NETS terminal network affected in ongoing disruption; customers advised to use SGQR or cash

According to NETS, users have reported issues with debit card, credit card, QR, tap and PIN transactions.
NETS appoints DBS MD and head of consumer banking group as new chairman - THE EDGE SINGAPORE

New appointments

NETS appoints DBS MD and head of consumer banking group as new chairman

Soo comes with over 30 years of experience in the consumer banking and finance industry.
NETS appoints new CEO for subsidiary company  - THE EDGE SINGAPORE

New appointments

NETS appoints new CEO for subsidiary company

NETS has appointed a new CEO for NETS Solutions Pte Ltd, effective April 8.

Fintech

NETS introduces integrated POS systems for merchants

It will also be able to handle other processes including tracking sales, managing inventory, and more.
NETS collaborates with industry partners to broaden customers' contactless payment options - THE EDGE SINGAPORE

Fintech

NETS collaborates with industry partners to broaden customers' contactless payment options

NETS has seen a strong double-digit y-o-y growth for contactless transactions over the last three years.
MAS and Bank Negara Malaysia launch cross-border QR payment link - THE EDGE SINGAPORE

Future of the economy

MAS and Bank Negara Malaysia launch cross-border QR payment link

This payment linkage will allow customers to make retail payments by scanning NETS QR and DuitNow QR codes.

Company in the news

NETS to acquire merchants directly for Mastercard and Visa in Singapore

This means eligible NETS merchants will now be able to accept payments using NETS, Mastercard and Visa.

Singapore Fintech Festival 2022

NETS focuses on improving user experience, leveraging data in the post-pandemic era

NETS also focuses on increasing its cross-border capabilities, making payments more frictionless for travellers.
Five trends that will shape Asia's financial services industry in 2022 - THE EDGE SINGAPORE

Tech

Five trends that will shape Asia's financial services industry in 2022

What should APAC financial institutions do to help develop a more digital, connected, inclusive and sustainable world?
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