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NETS launches same-day settlement for hawkers

Samantha Chiew
Samantha Chiew • 1 min read
NETS launches same-day settlement for hawkers
SINGAPORE (Jan 17): Hawkers are now able receive their sales proceeds from NETS transactions in their bank account on the same business day.
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SINGAPORE (Jan 17): Hawkers are now able receive their sales proceeds from NETS transactions in their bank account on the same business day.

NETS, in collaboration with its merchant banks DBS, UOB and OCBC, today launched its same-day settlement for hawkers everyday – the fastest in the industry, giving them faster access to their funds and improving cash flow.

There will be no need for special arrangement to enjoy this benefit.

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