The presentation focuses on how NETS is empowering merchants in Singapore through value-driven partnerships and innovative payment solutions.
Key highlights
Merchant Needs:
- Increasing revenue and reducing costs are top priorities for merchants.
- Ensuring ease of transactions and focusing on business rather than payment complexities.
Strategies for Adding Value:
- Inbound Customers: NETS QR now accepts payments from various international residents and tourists, boosting cross-border transactions.
- Data Insights: Helping merchants understand customer profiles, optimise locations, and engage in effective cross-marketing.
Technological Solutions:
- NETS SoftPOS: Converts smart devices into POS terminals, supporting contactless card and QR payments.
- NETS QR and NETS Click: Integrates into mobile and web applications for seamless transactions.
- Merchant Solutions: Offer additional functionalities like digital receipts, inventory management, and loyalty programmes.
Wide Acceptance and One-Stop Shop:
- NETS aims to be a one-stop payment solution, reducing complexity for merchants by supporting multiple payment schemes.
Conclusion
The emphasis is on bringing more customers to merchants and providing hassle-free payment options. NETS continues to innovate and provide solutions to address merchant pain points.
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Speaker:
- Lawrence Chan, Group Chief Executive Officer, NETS