Nets

Six Asean payment networks tie up for one cross-border system to rule them all

The participating networks are Singapore’s Nets, Malaysia’s PayNet, Vietnam’s Napas, Philippines’ BancNet, Indonesia’s Artajasa and Rintis

Lawrence Goh currently leads a team of more than 7,000 UOB staff across the region.

UOB’s Lawrence Goh joins Nets’ board of directors

He has over three decades of international experience in spearheading large-scale transformations for businesses

Nets has a domestic merchant network of over 130,000 acceptance points, of which 96,000 can process QR transactions.

As SGQR+ reshapes Singapore’s payment scene, who wins?

PAYMENT services firm Nets has had a four-decade head start in Singapore.

Liquid plans to launch an interoperable switch solution, roamQR, starting with Singapore in Q4 2024.

Nets, Liquid leverage interoperable QR payments to expand services

The roll-outs of their respective schemes build upon MAS’ SGQR+ proof-of-concept

Jeremy Soo has more than 30 years of experience in consumer banking and finance.

DBS consumer banking head Jeremy Soo to succeed UOB’s Susan Hwee as Nets chair

The electronic payment services provider describes him as a ‘strong advocate’ for inclusive banking

From left: Choo Wan Sim, head of UOB TMRW Digital (Singapore) and Jacquelyn Tan, head of group personal financial services, showcasing the "scan to pay" feature on UOB TMRW App. UOB customers in Singapore can now use the function to make payments in Malaysia, Thailand and Indonesia.

Enjoying seamless QR payments in Indonesia, Thailand and Malaysia

UOB customers can also make use of a real-time fund transfer service to Thailand and Malaysia using the UOB TMRW app

Friday’s service disruption coincides with a backdrop of increased buzz over the resiliency of local digital banking.

Nets QR, eNets services restored after intermittent issues on Friday

CUSTOMERS using Nets QR codes and eNets to pay merchants faced intermittent connectivity issues on Friday (Nov 3).

Customers can scan the Nets QR code or SG QR code at participating stores using the Healthy 365 app.

DBS partners GovTech, Nets, HPB to launch digital payment method for healthier F&B options

The initiative will support over 500 F&B merchants islandwide at launch.

Nets to work with local banks to pilot loan solutions for SMEs

Nets to work with local banks to pilot loan solutions for SMEs

LOCAL banks will receive support to pilot loan solutions for small and medium-sized enterprise (SME) merchants looking to expand their business or address any unplanned cash flow needs, announced paym...

Nets goes digital to stay relevant
THE STRATEGY ROOM

Nets goes digital to stay relevant

While the payments company remains a household name in the offline space, group CEO Lawrence Chan sees that dominance becoming less relevant amid an online boom.