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Network for Electronic Transfers (Singapore) Pte Ltd

Status:
Active
Country:
Singapore
Ultimate Parent:
Oversea-Chinese Banking Corporation Limited
Immediate Parent:
Immediate Parent:
Immediate Parent:

Description:

Network for Electronic Transfers (Singapore) Pte Ltd o(commonly NETS) is a Singapore-based electronic payment service provider founded in 1985 by a consortium of local banks to establish the debit network and drive the adoption of electronic payments in Singapore.

The NETS Group (comprising NETS, BCS and BCSIS) provides a full suite of payments and financial processing services including direct debit and credit payments at point-of-sale (NETS) and online (eNETS), mobile payments (NETSPay), card services (CashCard, FlashPay card), electronic funds transfer (FAST, Paynow, GIRO) and cheque processing services (CTS).

NETS is owned by DBS Bank, OCBC Bank and United Overseas Bank (UOB).

Subsidiaries with financial information (non-exhaustive):
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