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NETS Launches Limited Edition CashCard Designed by Disadvantaged Artists
Corporate Profile | Milestones
 

2006

Launch of NETS Gift Card in Singapore
In August 2006, NETS launched Singapore's first most-personalised Gift Card. The NETS Gift Card can be personalised in a multiple of ways to suit every recipient and gifting occasion - from having the recipient's name printed on the card, penning down your well wishes in the enclosed greeting card - right down to determining the exact card value. A Corporate Gift Card version is also available for companies to recognise and acknowledge employees, partners and clients.

Launch of Combi CashCard for Quick Services merchants in Singapore
In June 2006, NETS introduced the added contactless feature to the CashCard. This combi feature allows for speedier payments, especially at quick services merchant outlets with a simple 'wave and go' technology. NETS intends to make Combi CashCard the leading all-in-one card by enabling it to be used seamlessly across the transit system, retail outlets, ERP, carparks and schools.

Launch of Funds Access Services at OCBC and MEPS ATMS in Singapore and Malaysia
In March 2006, NETS announced the launch of a funds access service between Singapore and Malaysia with its Malaysian partner, Malaysian Electronic Payment System (1997) Sdn Bhd (MEPS). Targeting a combined visitor market of about 9.5 million cardholders travelling across the Causeway - RHB Bank in Malaysia and OCBC Bank in Singapore will be the first two banks to start using this service. 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.
 
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