General
As this is a new initiative, consumers should ask their existing bank about its plans to go contactless for a bank ATM card.
Every contactless card contains a highly sophisticated, highly secure chip. This chip performs a wide range of functions to maintain the card’s security, and can interact securely with a contactless terminal.
Consumers can use NETS Contactless Feature for purchases under SGD$100.00 per transaction. For amounts greater than that, the terminal will prompt for PIN.