eNETS: Singapore’s Premier Online Payment Gateway

eNETS, created by Network for Electronic Transfers (NETS), is a strong online payment gateway trusted by businesses throughout Southeast Asia. As a fully bilingual, secure, and feature-filled platform, it allows merchants to accept direct debit and major credit or debit card payments. This makes it a great option for companies aiming at the Singapore market and beyond.

Overview: What Is eNETS?

eNETS is the online version of the NETS payment system. This is Singapore’s national debit network, started in 1986 by a group of major banks, including DBS, OCBC, and UOB. It allows merchants to accept:

• eNETS Debit: Secure, real-time payments directly from customers’ bank accounts through internet banking (DBS, OCBC, UOB, Standard Chartered).
• eNETS Credit: Transactions using Visa, Mastercard, and American Express credit or debit cards.

This dual-option model makes eNETS ideal for businesses that need flexible payment solutions, whether they want to lower fees or expand their payment options.

Key Benefits for Merchants

Convenience & Versatility

Merchants can accept both internet banking and card payments through a single gateway. This simplifies checkout and expands consumer reach.

Top-Tier Security

eNETS uses 3D Secure technology such as Verified by Visa, Mastercard SecureCode, and American Express SafeKey. It also includes 128-bit SSL encryption and multi-factor verification to confirm transactions and reduce fraud.

Streamlined Integration

eNETS allows web-based redirection without the need for extra hardware; integration depends only on HTTPS compatibility. It provides bilingual support for smooth onboarding.

Regional & Global Reach

eNETS is designed for Singapore but also supports cross-border transactions, including those with Chinese banks. This helps merchants access regional markets effectively.

Payment Methods Available

eNETS Debit

Funds are deducted instantly from customers’ bank accounts using internet banking credentials and secure authentication through hardware tokens or mobile apps. This method appeals to customers without credit cards and offers lower fees.

eNETS Credit

Accepts major credit and debit cards such as Visa, Mastercard, and Amex. Transactions are authorized in real time, and funds are settled into the merchant’s account after the authorization process.

Security & Compliance

• SSL 128‑bit encryption ensures data protection in transit

• 3D Secure protocols authenticated via Verified by Visa, Mastercard SecureCode, and Amex SafeKey

• NETS adheres to stringent privacy standards, sharing only necessary data under confidentiality agreements and legal compliance

Technical Integration & Merchant Tools

• API‑based or hosted gateway: Merchants can choose redirection or API integration with full documentation support

• Admin & reporting portal: Offers dashboards to view transactions, filter by date, and export reports. Transaction data securely shared with banks under NETS’s privacy policy

No hardware or POS terminals are needed for online use. This makes deployment simple and affordable.

Use Cases & Merchant Scenarios

E-commerce Startups

Minimal setup costs and no hardware requirements make eNETS ideal for web stores, digital goods, subscriptions, and micropayments. This is especially true for under-25 markets that do not have credit cards.

Recurring Payments

Organizations like polytechnics and country clubs use eNETS for periodic fee collection. This approach combines online convenience with administrative efficiency.

Regional Expansion

Merchants selling internationally, for example, beauty products targeting China, can combine card and debit payments to serve different customer profiles.

Conclusion

eNETS stands out in Bilixe’s directory for businesses looking for a secure, flexible, and locally optimized payment gateway. It is especially helpful for merchants in Singapore, such as e-commerce stores, subscription services, micromerchants, and businesses expanding to China. eNETS provides strong payment coverage without the need for hardware or complicated processes.