Company profile
NETS
Connecting Communities, Empowering Lives with Digital Payments – Singapore and Beyond
- Industry
- Financial Services
- Employees
- 1,030
- Headquarters
- Singapore
- Founded
- 1985
- Office locations
- 1
NETS company summary
NETS is a company in the Financial Services industry, headquartered in Singapore, founded in 1985. On LinkedIn the company has around 1,030 employees. Its listed specialties include Online Payments, Switching, Card Personalisation, Digital payments, Contactless payments.
What technology does NETS use?
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About NETS
The NETS Group is a leading payments services group, enabling digital payments for merchants, consumers, and banks across the entire payments value chain. We are guided by our purpose statement “Connecting Communities, Empowering Lives” to make an impact to the communities we serve. NETS operates Singapore’s national debit scheme and enables payments for ATM cards or mobile devices at more than 130,000 acceptance points in the country. It also provides innovative and diverse digital payment solutions, which include NETS contactless payment, digital payments overseas as well as NETS QR payment, online and in-app payment. NETS is also the issuer of NETS FlashPay, NETS Motoring Card and NETS Prepaid Card. BCS, in its role as the key payment network operator in Singapore, manages and operates the national clearing and payment infrastructure in Singapore, including FAST, Interbank GIRO, eGiro, Cheque Clearing, PayNow and SGQR Central Repository. It provides the backbone to all digital transfers of money between one individual or organisation to another, and central banks, clearing houses and commercial banks have leveraged BCS’ payment rail infrastructure and card network in Singapore, to provide end consumers and corporate clients payment solutions. With the world becoming increasingly interconnected, BCS plays a pivotal role in facilitating better, smarter and more secure real time fund transfer payments across countries. Providing innovative financial market infrastructure solutions to financial institutions and corporate clients, NETS Solutions has been building payments, clearing and settlement systems, and delivering breakthrough financial service innovations across the globe. With a unique synergy of technical, operational and project management expertise, it provides leading-edge, multi-currency, domestic and cross-border funds transfer and processing capabilities to banks and businesses.
Specialties
Where is NETS located?
NETS lists 1 location.
Compare companies similar to NETS
More companies in Financial Services.
| Company | Industry | Employees | Founded | Headquarters |
|---|---|---|---|---|
NETS nets.com.sg | Financial Services | 1,030 | 1985 | Singapore |
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 Citi citigroup.com | Financial Services | 189,594 | 1812 | New York, New York, US |
 Morgan Stanley morganstanley.com | Financial Services | 102,243 | - | New York, NY |
 American Express americanexpress.com | Financial Services | 96,853 | - | New York, NY, US |
 Deutsche Bank db.com | Financial Services | 82,282 | 1870 | Frankfurt am Main, Hessen |
 Wells Fargo wellsfargo.com | Financial Services | 240,197 | - | San Francisco, California, US |
 BlackRock blackrock.com | Financial Services | 34,152 | 1988 | New York, NY |
Frequently asked questions about NETS
What does NETS do?
The NETS Group is a leading payments services group, enabling digital payments for merchants, consumers, and banks across the entire payments value chain. We are guided by our purpose statement “Connecting Communities, Empowering Lives” to make an impact to the communities we serve. NETS operates Singapore’s national debit scheme and enables payments for ATM cards or mobile devices at more than 130,000 acceptance points in the country. It also provides innovative and diverse digital payment solutions, which include NETS contactless payment, digital payments overseas as well as NETS QR payment, online and in-app payment. NETS is also the issuer of NETS FlashPay, NETS Motoring Card and NETS Prepaid Card. BCS, in its role as the key payment network operator in Singapore, manages and operates the national clearing and payment infrastructure in Singapore, including FAST, Interbank GIRO, eGiro, Cheque Clearing, PayNow and SGQR Central Repository. It provides the backbone to all digital transfers of money between one individual or organisation to another, and central banks, clearing houses and commercial banks have leveraged BCS’ payment rail infrastructure and card network in Singapore, to provide end consumers and corporate clients payment solutions. With the world becoming increasingly interconnected, BCS plays a pivotal role in facilitating better, smarter and more secure real time fund transfer payments across countries. Providing innovative financial market infrastructure solutions to financial institutions and corporate clients, NETS Solutions has been building payments, clearing and settlement systems, and delivering breakthrough financial service innovations across the globe. With a unique synergy of technical, operational and project management expertise, it provides leading-edge, multi-currency, domestic and cross-border funds transfer and processing capabilities to banks and businesses.
How many employees does NETS have?
NETS has around 1,030 employees on LinkedIn.
Where is NETS headquartered?
NETS is headquartered in Singapore.
When was NETS founded?
NETS was founded in 1985.
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