Singapore, 25 Jan 2018 – Nets and EZ-Link – two of Singapore’s largest e-payments platforms – have partnered to allow all EZ-Link and Concession cards to be used on Nets terminals at hawker centres.
From April, EZ-Link and Concession cardholders will be able to make payments for their food and beverages at all Nets-enabled hawker centres by tapping their cards on the existing Nets terminals.
There are currently more than 1,000 stalls across more than 30 hawker centres which accept Nets, through both QR code and card payments. These include Beo Crescent, Tanjong Pagar, Yishun Park and Zion Road, as well as food courts and canteens at institutes such as Singapore Polytechnic, Republic Polytechnic, Nanyang Polytechnic and Temasek Polytechnic.
Last November, Nets announced that seven banks – DBS/POSB, OCBC, UOB, HSBC, Maybank, Standard Chartered Bank and Citibank – have joined its new QR code payment platform.
This allows customers to use their existing banking apps to scan a QR code for payment at some 30,000 Nets acceptance points islandwide.
In November too, ridesharing company Grab launched its mobile wallet service GrabPay to merchants in Singapore, among them hawker stalls, restaurants and retail outlets.
Aside from Nets, EZ-Link and Grab, other players in this space include Liquid Pay, FavePay and Alipay.
