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  2. MAS Electronic Payment System - Wikipedia

    en.wikipedia.org/wiki/MAS_Electronic_Payment_System

    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.

  3. AXS Pte Ltd - Wikipedia

    en.wikipedia.org/wiki/AXS_Pte_Ltd

    AXS Pte Ltd, originally known as AXS InfoComm Pte Ltd, was founded in 2000 as a joint venture between Network for Electronic Transfers Singapore (NETS) and LKN-Primefield Ltd. [2] The company launched its primaryproduct, the AXS Station, by 2001, a network of self-service kiosks enabling users to pay bills, fines, and access various other services. [4]

  4. Payment Services Act 2019 - Wikipedia

    en.wikipedia.org/wiki/Payment_Services_Act_2019

    The Payment Services Act 2019 (PS Act) is a statute of the Parliament of Singapore that provides a framework for the regulation of payment systems and payment service providers in Singapore. [1] According to the Monetary Authority of Singapore (MAS) the PS Act provides for regulatory certainty and consumer safeguards, while encouraging ...

  5. Nium - Wikipedia

    en.wikipedia.org/wiki/Nium

    Nium is a Singapore-headquartered cross-border payments company. Initially founded by Prajit Nanu and Michael Bermingham, and launched as a consumer-remittance platform Instarem in 2014. In 2016, [2] the company introduced its B2B payments platform [3] and rebranded as Nium in 2019, [4] subsequently elevating Pratik Gandhi to co-founder in 2021.

  6. NETS (company) - Wikipedia

    en.wikipedia.org/wiki/NETS_(company)

    NETS operates Singapore's national debit scheme enabling customers of DBS Bank, POSB, HSBC, Maybank, OCBC Bank, Standard Chartered Bank, CIMB 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.

  7. Wise (company) - Wikipedia

    en.wikipedia.org/wiki/Wise_(company)

    Also in April 2017, the company announced the opening of its APAC hub in Singapore. [23] In 2019, the company announced opening an office in Brussels. [24] In May 2017, the company announced its customers were sending over £1 billion every month using the service, [25] and that the company had turned profitable six years after being founded. [26]

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