Singapore’s top payment provider, Network for Electronic Transfers (NETS), has introduced the NETS Prepaid Card, the country’s first “smart” stored-value card for use in retail and transit. The NETS Prepaid Card has the most local acceptance points with over 120,000 locations where customers can use it.
The NETS Prepaid Card is a great option for families looking to better track and manage their household expenses thanks to its widespread acceptance and smart features made possible by the NETS App. It also makes the ideal gift card that can be customized to consumers’ preferred value and design. Additionally, commuters can link their NETS Prepaid Card to the TransitLink SimplyGo app to view trip details and enable contactless payments on trains and buses through partnerships with various payment schemes.
Smart and secure contactless payment, with budget tracking capabilities for the family
Through the NETS App, up to 10 cards can be connected to a single NETS account to access services including on-the-go topping up, locking and obtaining a refund for remaining stored value for lost cards, setting daily spending restrictions, and tracking transactions on each card.
Through the NETS App, users may simply top off their NETS Prepaid card using a variety of methods, including NETS bank cards. To expedite the procedure, the user’s chosen payment card can also be kept on file. After linking a NETS Prepaid Card to a NETS account, customers can access the transaction history through the NETS App and set up automatic top-ups whenever the card balance falls below a predetermined level.
It is the perfect stored value card for helping family members and domestic helps to pay digitally while ensuring that they stay under budget because daily spending limitations of up to S$1000 may be set for each card, which take immediate effect and can be modified on the fly.
Users can lock the NETS Prepaid Card with a single tap on the NETS App, reducing the risk of fraud or other misuses if the card is lost. The NETS Prepaid Card can be permanently terminated to return the stored value, and locking and unlocking the card have immediate effects.
Lawrence Chan, Group CEO of NETS said, “The NETS Prepaid Card is part of our continued effort to connect communities and empower lives. Families will be empowered to take control of daily expenses as they can provide their dependents and domestic helper with contactless payment options that can be easily tracked. Additionally, this card can be quickly disabled if it is lost. This card is most valuable as it can be used at all NETS acceptance points and mass transit.”
The perfect card for retail and as a gift for friends and family
The NETS Prepaid Card makes a great present because customers may use it for shopping or public transportation at any business that accepts NETS. Additionally, users are not restricted to using predetermined values on their gift cards and are free to top them off with lucky numbers like $88, up to a maximum of $100 each top-up.
Because the NETS Prepaid gift card is so widely accepted, recipients can use it for anything they want, whether it be a nice cup of coffee at a café, some extra groceries at the grocery store, or a shopping spree at a nearby mall. At www.customcards.com.sg/nets-prepaid-card/, users can also customize the card face of their NETS Prepaid Cards starting at $5.
Hassle-free purchase, smooth public transport travel
Furthermore, the NETS Prepaid Card can be used for public transportation, allowing commuters to top up the card on the go rather than waiting in line at physical top-up machines. The NETS Prepaid Card can also be loaded and managed using the NETS App, which is available on Google Play and the Apple App Store. Users can also set up automatic top-ups for the card via the NETS App to ensure that there are always enough funds for their daily commute.
For the purchase of the NETS Prepaid Card, there is no minimum age or income restriction, no yearly membership fees, and no credit checks. The NETS Prepaid Card is available for purchase at 7-Eleven convenience shops, Buzz, Japan Home, Mustafa, Sir Handphone, TransitLink Ticket Offices at MRT stations and bus interchanges, the NETS Customer Service Centre, and online at Lazada and Shopee. From December onwards, the card will also be available at Sunshine Star and J.B.I Trading.
