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Singtel's NCS and Nets tie up to create e-payment platform for central banks

Vivienne Tay

Vivienne Tay

Published Mon, Apr 13, 2020 · 09:50 PM

Singapore

SINGTEL'S NCS and the Network for Electronic Transfers (Nets) have partnered to develop a new electronic payment and securities-settlement platform for central banks in the Asia-Pacific.

The platform is to facilitate high-value, interbank fund transfers and allow interoperability with current and future payment systems, NCS and Nets said in a joint statement on Monday.

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