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MAS orders Nets to address cause of two-hour disruption

All forms of cashless services provided by Nets disrupted in what is believed to be its first outage in decades

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A notice at Cold Storage Bugis Junction on Friday, Feb 2, 2018. All services by e-payment giant Nets were down across Singapore on Friday afternoon for about an hour.

Singapore

THE Monetary Authority of Singapore (MAS) has instructed Nets to identify and address the root cause of its service disruption on Friday, as well as submit a thorough investigation report, which the central bank will review and take supervisory action, if needed.

For

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