Network For Electronic Transfers (Singapore) Pte Ltd (Singapore)

Network for Electronic Transfers (Singapore) Pte Ltd, commonly known as NETS, is Singapore's national electronic payments network operator. The company is engaged in the provision of digital payment solutions, clearing and settlement services, and payment infrastructure supporting retail, online, and transit transactions. NETS operates a comprehensive suite of payment services including debit card payments, QR-based payments, e-wallets, and backend processing for financial institutions and merchants. Serving banks, merchants, government agencies, and consumers, the company plays a central role in Singapore's payments ecosystem. NETS' strategic positioning focuses on advancing cashless payments, strengthening payment security, and enabling interoperable digital payment infrastructure aligned with national digitalisation initiatives.