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NETS operates Singapore's national debit scheme enabling customers of DBS Bank, POSB, HSBC, Maybank, OCBC Bank, Standard Chartered Bank, CIMB and UOB to make payments using their physical/contactless ATM cards or mobile devices at more than 120,000 acceptance points in Singapore including major retailers, food courts, hawker centres, convenience stores and supermarkets.
The card is also known as Bankcard, a card with multiple functions. There are three main functions that can be used, namely ATM (with various combinations of banking transactions), e-debit (online purchase payment) transactions at participating merchants and MEPS Cash (a stored-value card that can be used to pay at participating merchants).
Bank Rakyat, Muamalat, OCBC Bank do not co-brand their cards except for ATM use only. Maybank has the largest capitalisation in Malaysia in June 2018. Central Bank of Malaysia expects all debit cards issued in Malaysia to be co-branded with the local network 'MyDebit' latest by the year 2017. [12]
The card-based offline debit EZ-Link cards were temporary suspended from March 2022 to June 2024, to encourage adoption of the SimplyGo account-based system. [ 57 ] [ 58 ] EZ-Link Motoring cards (with a non-account-based card profile & similar functionality) are still sold at 7-Eleven/Cheers convenience stores, selected Caltex petrol stations ...
A prepaid debit card is a card you use for online shopping or cash withdrawals that is not linked to a bank, credit union or other financial institution. To use the card you load money onto the ...
Former OCBC Bank in South Bridge Road, Singapore.. On 31 October 1932, three banks – Chinese Commercial Bank (1912), Ho Hong Bank (1917), and Oversea-Chinese Bank (1919) – merged and consolidated their strengths to form Oversea-Chinese Banking Corporation under the leadership of Hoklos Tan Ean Kiam (co-founder and managing director of Oversea-Chinese Bank) [15] [16] and Lee Kong Chian, who ...
The card-based offline debit EZ-Link cards are no longer sold at TransitLink ticket Oofices since 15 March 2022, to encourage adoption of the SimplyGo account-based system. [ 5 ] [ 6 ] EZ-Link Motoring cards (with a non-account-based card profile & similar functionality) are still sold at 7-Eleven/Cheers convenience stores, selected Caltex ...
OCBC Bank (Hong Kong) Limited, formerly Wing Hang Bank Limited and OCBC Wing Hang Bank Limited, is a licensed bank with its head office in Hong Kong. Since 15 October 2014, Wing Hang Bank has been a wholly-owned subsidiary of the Oversea-Chinese Banking Corporation (OCBC) headquartered in Singapore . [ 4 ]