The Network For Electronic Transfers (Singapore) (NETS) has formed a new new partnership to accept JCB cards in Singapore.
NETS is Singapore’s leading payment solutions provider and the largest acquirer with a merchant network of 91,000 acceptance points.
This latest collaboration between JCBI and NETS will facilitate local and global issued JCB cards with more acceptance points for card usage, thereby aligning with the Singapore government’s vision of a Smart Financial Centre where the usage of cash and cheques are reduced.
NETS operates Singapore’s national PIN Debit scheme. ATM cards issued by participating banks DBS Bank, Maybank, HSBC Bank, OCBC Bank, Standard Chartered Bank and UOB, can be used to make NETS debit payments everywhere in Singapore.
NETS issues the CashCard, which is used extensively in the motoring market in Singapore, and the FlashPay Card, which can be used for public transport payments as well as payments at 91,000 NETS acceptance points island-wide.
NETS’ latest innovation, Virtual CashCard, allows motorists to pay for their ERP charges using their credit/debit cards or via their bank account without the need for a physical stored-value card.
eNETS online payments can be made across many online and mobile merchants including government websites, airlines bookings and on AXS m-station, Taobao.com and Tmall Marketplace.
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