HSBC joins NETS payment network

Posted by Trading Advisor on 7:22 PM with 1 comment
HSBC debit cardholders will be able to make NETS payments at 87,000 acceptance points island-wide with effect from June 23, 2015.

klci stock picks todayHSBC is the latest foreign bank after Standard Chartered Bank and Maybank to offer its debit cardholders this payment capability, NETS said on Monday.

"This allows HSBC debit cardholders to tap into Singapore's most widely used payment network, with 10 million cardholders," it said.

The NETS Debit service was launched in 1986 to enable participating banks' cardholders to pay for purchases electronically at the point of sale.
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