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NETS, SingTel and UOB launched Near Field Communications (NFC) Public Trial Unveiling of Connecting Talents Transforming Lives - a Social Entrepreneurship Programme to help underprivileged or disadvantaged groups achieve self-sufficiency. |
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ENETS, a subsidiary of NETS, announced a strategic alliance with online payment services provider, Chain Fusion, to launch BuyButtonz. This new service will be Singapore’s most affordable, most flexible and fastest payment platform for those wanting to conduct any online, e-commerce transactions over the Internet. Unveiled New Brand Identity and Logo |
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Launch of a funds access service between Singapore and Malaysia with its Malaysian partner, Malaysian Electronic Payment System (1997) Sdn Bhd (MEPS) with 2 banks – RHB Bank in Malaysia and OCBS in Singapore. OCBC ATM cardholders will be able to draw cash from any ATM with the NETS ATM logo in Malaysia and vice versa for RHB Banks ATM cardholders in Singapore. NETS Launches Singapore’s First ATM Bank Card Payment Service for Taxi Market, allowing passengers to pay their fare using their NETS-enabled ATM bank card onboard all ComfortDelGro taxis, which comprise the Comfort, CityCab and Yellow-Top brands. |
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Acceptance of China Union Pay cards in Singapore. This enables millions of Chinese visitors to use their credit and debit cards to make purchases at NETS merchants and withdraw cash from OCBC and UOB ATMs throughout Singapore Launch of Mobile Phone Payment Technology using near field communication technology. This transforms the phone into a contactless smart card to pay for purchases at fast food restaurants or retail outlets by simply tapping it against a payment reader. |
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Acquisition of ASTUTE - a a specialist in payment solutions and point-of-sale (POS) terminals, to manage all terminal software, hardware, installation and replacement operations for all NETS merchants in Singapore. Acquisition of Shanghai Commercial High and New Technology Development Company Ltd (SCT) to develop the systems and processes to produce stored value smart chip cards for leading Shanghai department stores, supermarkets and shopping centres. |
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EFTPOS link-up with Indonesia's ARTAJASA and Malaysia's MEP NETS and Sharp Electronics Singapore team up to develop Combi Card technology, which enables both contact- and contactless payments. |
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Launched the eNETS product range, which enabled electronic payments over computers |
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Launched NETS CashCard - a stored value card to allow cardholders to pay for purchases through an off-line channel, like at car parks, libraries, public payphones and Electronic Road Pricing (ERP) gantries. |
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Shared ATM Service launched - allows cardholders from participating banks to withdraw cash and perform other transactions using any ATM within the network |
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Launched NETS EFTPOS service to enable ATM card holders to pay for purchases. First national online debit system in Singapore and the most successful worldwide. |
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Founded by Singapore’s leading banks, DBS, Keppel Bank, OCBC, OUB, POSB, Tat Lee Bank and UOB |
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