Friday, 26 Feb 2021

Nets eyes larger footprint in online payments space

The ubiquity of Nets terminals – there are more than 130,000 of them in Singapore today – may find its equivalent in the online sphere, as the e-payment service provider’s chief seeks to grow the company.

Nets group chief executive officer Lawrence Chan, who took over the company’s reins last June, told The Straits Times in a recent interview: “Today, Nets is not strong enough online. That is something we’ve started to recognise and we have gone to our board for approval to invest in making ourselves even stronger online.”

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