Leading payment services provider in Singapore.
Last updated November 4, 2026
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Overview
NETS is a payment services company in Singapore, offering electronic payment solutions including debit, credit, and mobile payments.
Products and positioning
A core participant in Singapore's domestic payment infrastructure.
Recent events
Reported
Mastercard completes acquisition of Nets account-to-account payment business[1]
Mastercard completed its acquisition of the majority of Nets' Corporate Services business after meeting the conditions set out by the European Commission in its August 2020 approval.
- Unconfirmed
Reported
Yoba and Nets agree on SME payment solution[2]
Under a new agreement, Nets will provide a full-scale solution for Yoba’s offering, incorporating corporate credit and debit cards, digitised services, enterprise card management tools and security. Yoba’s offering was planned to launch in Luxembourg in 2021, subject to regulatory approval.
Reported
Nets appoints Lawrence Chan as group CEO[3]
Nets appointed Lawrence Chan as its group chief executive officer, effective June 22, 2020.
- Unconfirmed
Reported
NETS wins SBR Technology Excellence Award for Fintech - Payments[4]
NETS won the Fintech - Payments category of the SBR Technology Excellence Awards 2020.
Sources4 sources
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