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NETS operates Singapore's national debit scheme enabling customers of DBS Bank, POSB, HSBC, Maybank, OCBC Bank, Standard Chartered Bank and UOB to make payments using their physical/contactless ATM cards or mobile devices at more than 120,000 acceptance points in Singapore including major retailers, food courts, hawker centres, convenience stores and supermarkets.
The Malaysian Electronic Payment System ( MEPS) is an interbank network service provider in Malaysia. In August 2017, MEPS merged with Malaysian Electronic Clearing Corporation Sdn Bhd (MyClear) to form Payments Network Malaysia Sdn Bhd (PayNet) . With the result of the merger, PayNet is now the holding company for the PayNet Group which ...
Former OCBC Bank in South Bridge Road, Singapore.. On 31 October 1932, three banks – Chinese Commercial Bank (1912), Ho Hong Bank (1917), and Oversea-Chinese Bank (1919) – merged and consolidated their strengths to form Oversea-Chinese Banking Corporation under the leadership of Hoklos Tan Ean Kiam (co-founder and managing director of Oversea-Chinese Bank) [15] [16] and Lee Kong Chian, who ...
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The MAS Electronic Payment System, or MEPS in short, is an SGD -only online interbank payment and fund transfer system in Singapore. [ 1] It went online in July 1998, and is owned and operated by the Monetary Authority of Singapore (MAS). The irrevocable transfer of funds and the real-time nature of transfers are some of the key features of MEPS.
Shinhan Bank offers a UnionPay credit card in the Republic of Korea. [39] Silkpay offers a UnionPay credit card in the European Union. [41] United Overseas Bank offers a UnionPay credit card in Singapore. [39] Diners Club offers 2 UnionPay credit cards in Singapore, the DCS Ultimate Platinum Card and the DCS Lite Card.
DBS Bank. DBS Bank Limited is a Singaporean multinational banking and financial services corporation headquartered at the Marina Bay Financial Centre in the Marina Bay district of Singapore. The bank was previously known as The Development Bank of Singapore Limited, which " DBS " was derived from, before the present abbreviated name was adopted ...
PSP includes banks which have their own mobile application to facilitate transaction and issuers include banks which don't have their own payments interface and rely on third-party software for transactions. On 1 August 2024, RBL Bank announced integration of UPI and National Common Mobility Card capabilities with RuPay credit cards. [66]