Asia Pay Enters Into Partnership With NETS

NETS, Singapores leading electronic payments provider for the past 20 years, has extensive experience in operating networks that support nationwide direct debit and stored value payments, as well as providing payment solutions for online and mobile transactions via eNETS, Singapores leading online payments provider for credit cards, direct debit and virtual accounts. eNETS online payment services are used by local and overseas Internet merchants including: government agencies, airlines, MNCs and SMEs. The company handles more than 350,000 transactions a month and has more than 700 merchants signed to its payment gateway. Moreover, eNETS influence now stretches far beyond Singapores shores with merchants in Hong Kong, China, Japan and Europe who are benefiting by using the eNETS system. eNETS was also recognized as a trusted payment gateway as it earned the TrustSG seal in July 2005, which guarantees that a customers personal data is protected and online payment is secure, part of an initiative by the National Trust Council and the Infocomm Development Authority of Singapore.