1. Pioneering Singapore’s Shift to a Cashless Payments Society Lee Kim Yeow, VP, Enterprise Support Systems

2. Who are we Founded in 1985 as part of a national initiative to encourage electronic payment in Singapore NETS Debit, launched in 1986, was the first national online debit system in Singapore and the most successful worldwide Today, NETS is recognised as a leader in the payment services arena – having introduced point-of-sale electronic funds transfer, cash withdrawal services through the ATM network, stored value payments, online payments and mobile payments

3. Building a cashless society NETS Debit, 1986 Shared ATM network, 1998 NETS CashCard, 1996 eNETS, 2001 NETS FlashPay, 2009 iNETS, 2010

4. Where we are today Process more than 90% of Singapore’s online debit transactions 16,000 merchants over 30,000 outlets with 60,000 NETS acceptance points NETS Debit Stored value e-purse scheme 1 st generation NETS CashCard CEPAS-compliant NETS FlashPay Card (contactless) Micropayments Multi-channel payment infrastructure enabling users to make financial transactions online, using their mobile phones or via our self-service kiosks Multi-Channel

5. Where we are today Enables payment from all major International credit cards, as online direct debit (internet banking payments) from the largest banks in Singapore and China. 700,000 in transaction volume per month eNETS Switch shared transactions for OCBC & UOB Process own EFTPOS, iNETS, eNETS, CUP, Stored Value Card transactions Switching Partner with banks to provide card personalisation services 1 st card centre to be awarded ISO certification Certified by VISA, MasterCard & AMEX for card personalisation Card Centre

6. Projects With BPC Prepaid using Smart-Vista Billing using Smart-Vista

7. Prepaid Project Virtual Prepaid Wallet Feature  A solution that provides consumer a virtual stored value wallet with manual and auto top-up function via credit card or direct debit  It integrates with application providers to launch services for paying public car park charges for Singapore motorists through mobile phone or internet.  SmartVista also perform automatic settlement with the service providers

8. Billing Project Flexible Billing Structure  Supports multiple levels of merchant hierarchy  Multiple product support at all levels  Multiple fee support at all levels  Consolidation at any selected level Flexible and Parameterized Fee Structure (Fee Parameter)  One-time, frequency-based, event-based  Count-based, volume-based, value-based  Supports penalties, rebates, discounts, promotions  Effective-dated Flexible and Parameterized Billing Options (Billing & Invoice Parameter)  One-time, frequency-based, event-based  Billing and statementing are independent

9. Billing Project

10. Merchant Hierarchy

11. Billing Project Fee Setup

12. Billing Project (Data Model)

13. Thank You