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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.
In September 2018, it was announced that the Singapore government has appointed NETS as the master acquirer to unify and roll out e-payments to all 12,000 stalls at hawker centres, canteens and coffee shops in Singapore. [18] The Government will cover transaction fees of 0.5% payable by merchants until 31 December 2024. [19]
The Smart Nation was an initiative launched by Prime Minister Lee Hsien Loong on 24 November 2014. [3] In financial year 2017, the government had set aside $2.4 billion to support the initiative, [4] which involves the government purchasing services from technology startups rather than offering grants to support them. [5]
NCS Pte. Ltd. (also known as NCS Group, previously known as National Computer Systems) is a multinational information technology company headquartered in Singapore. Founded in 1981 as an agency of the Singapore government, it was privatised in 1996 and subsequently became part of the Singtel group in 1997.
The MSO was set up on 1 October 2014 to improve the Government's overall coordination and delivery of municipal services. [2] The MSO is part of the Government's on-going efforts to improve the delivery of municipal services by various public agencies in Singapore.
The Certificate of Entitlement (COE) are classes of categories as part of a quota license for owning a vehicle in Singapore. [1] The licence is obtained from a successful winning bid in an open bid uniform price auction which grants the legal right of the holder to register, own and use a vehicle in Singapore for an initial period of 10 years.
CEPAS, the Specification for Contactless e-Purse Application, is a Singaporean specification for an electronic money smart card.The specification was prepared by the Cards and Personnel Identification Technical Committee (CPITC), under the purview of the IT Standard Committee of Singapore (ITSCS).
PUB, Singapore's National Water Agency, commonly known as PUB, an acronym for Public Utilities Board, is a statutory board under the Ministry of Sustainability and the Environment of the Government of Singapore responsible for ensuring a sustainable and efficient water supply in Singapore.