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
Sat, Feb 03, 2018 - 5:50 AM
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.
ST PHOTO: GAVIN FOO
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.