NETS Group

The NETS Group is a leading payments services group, enabling digital payments for merchants, consumers and banks across the entire payments value chain.

The Group operates Singapore’s national debit scheme enabling customers of DBS Bank/POSB, HSBC, Maybank, OCBC Bank, Standard Chartered Bank and UOB to make payments using their ATM cards or mobile devices at more than 130,000 acceptance points in the country as well as online payments. The NETS network also accepts NETSPay, UnionPay and BCA cards, and includes 54,000 Unified POS terminals and 96,000 QR acceptance points. NETS is also the issuer of CashCard and Flashpay cards.

The NETS Group manages and operates the clearing and payment infrastructure for the Singapore Clearing House Association and core electronic transfer services FAST, Inter-bank GIRO and PayNow.

It is the market leader for payment and clearing solutions (Real-Time Gross Settlement system and Cheque Truncation System) in the region with some S$1 trillion in transaction value processed through its systems every year.

NETS is a member of the Asian Payment Network and a council member of UnionPay International.

Towards a cashless society

In 1985, Singapore embarked on an ambitious plan to push the country towards becoming a cashless society.

The introduction of Interbank GIRO (enabling the public to pay their bills electronically) and the implementation of the NETS debit scheme (allowing consumers to make purchases at retail stores with just a card and PIN) were the start of a more-than-30-year journey that has seen numerous cashless payment innovations added to Singapore’s economy.

Today, NETS is an integral part of daily life in Singapore. From shopping to transport, paying bills and fees, or transferring money, NETS ensures that payments are made swiftly and securely each and every time.

Core Values

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Do the Right Thing

We act with honesty, transparency and courage to uphold our values.

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Connect & Contribute

We work collaboratively and contribute generously to achieve common goals.

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Keep it Simple

We create simple solutions by breaking down complexities.

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Take Ownership

We hold ourselves accountable for our words, actions and commitments.

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Reflect & Reinvent

We continuously reflect, learn and change to improve.


NETS has received numerous awards for excellence from the payment industry and the corporate community. Here are some of our awards.


  • Digital CX Awards for NETS Click, in the category of
    1. Best Customer Experience – Debit Card (Highly Acclaimed) and
    2. Outstanding Customer Experience for Digital Payments (Highly Acclaimed)
  • Fintech – Payments award in the SBR Technology Excellence Awards 2020
  • Named Best Employer by Kincentric 2020



  • The Singapore HR Awards 2019 – Lead HR Practice Award in Total Rewards
  • StrategicRISK’s 2019 Asia Pacific Risk Management Team of the Year