NETS Launches Programme to Reward Consumers for Every NETS ATM and CashCard Transaction

Thursday 4 March 2004 21:06 CET | News

Singaporean Payment Processor NETS has launched NETS Rewards, a new programme under which users can benefit from every NETS ATM or CashCard transaction they make, including retail, government, ERP and parking transactions.

NETS Rewards members get 1 point for every S$0.50 spent using NETS ATM or CashCard . Every 30 points accumulated will earn participants one chance in a monthly lucky draw. Each month five winners will receive cash and prizes worth up to S$1,000 each. Participants also earn chances to win in an S$88,000 grand lucky draw to be held in December 2004. NETS will announce other promotions for NETS Rewards members in the coming months. Later this year, users of the eNETS suite of Internet and mobile payment services will also be eligible for the rewards programme. For the merchants, NETS will soon be launching a NETS Rewards Star Merchant programme. When customers shop at these merchant outlets, they stand to earn double NETS points. This is another way in which NETS demonstrates more value-added capabilities to its business partners. NETS Rewards is the latest step by NETS to build greater awareness of electronic payment through its participating banks. Other moves have included the unveiling of new corporate and product branding along with the launch of the NETS it! advertising and promotions campaign in December 2003.

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Categories: Payments & Commerce | Payments General
Countries: World
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