Singapore-based payment services group Network for Electronic Transfers (NETS) has launched the NETS Prepaid Card, a ‘smart’ stored-value card for retail and transit.
When purchasing the NETS Prepaid Card, no minimum age, income requirement, annual subscription fees, or credit checks are needed, and users can link to one NETS account up to 10 cards through the NETS app, having a spend limit of up to USD 723 (S$1000) for each card.