NETS Debit - BPC Banking Technologies
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Transcript NETS Debit - BPC Banking Technologies
Pioneering Singapore’s Shift
to a
Cashless Payments Society
Lee Kim Yeow, VP, Enterprise Support Systems
Who are we
• Founded in 1985 as part of a national initiative
to encourage electronic payment in Singapore
• NETS Debit, launched in 1986, was the first
national online debit system in Singapore and
the most successful worldwide
• Today, NETS is recognised as a leader in the
payment services arena – having introduced
point-of-sale electronic funds transfer, cash
withdrawal services through the ATM network,
stored value payments, online payments and
mobile payments
Building a cashless society
NETS Debit, 1986
Shared ATM network,
1998
NETS CashCard, 1996
iNETS, 2010
eNETS, 2001
NETS FlashPay, 2009
Where we are today
NETS Debit
• Process more than
90% of Singapore’s
online debit
transactions
• 16,000 merchants over
30,000 outlets with
60,000 NETS
acceptance points
Micropayments
• Stored value e-purse
scheme
• 1st generation NETS
CashCard
• CEPAS-compliant
NETS FlashPay Card
(contactless)
Multi-Channel
• Multi-channel payment
infrastructure enabling
users to make financial
transactions online, using
their mobile phones or via
our self-service kiosks
Where we are today
eNETS
• Enables payment from all
major International credit
cards, as online direct
debit (internet banking
payments) from the largest
banks in Singapore and
China.
• 700,000 in transaction
volume per month
Switching
• Switch shared
transactions for OCBC
& UOB
• Process own EFTPOS,
iNETS, eNETS, CUP,
Stored Value Card
transactions
Card Centre
• Partner with banks to
provide card
personalisation services
• 1st card centre to be
awarded ISO certification
• Certified by VISA,
MasterCard & AMEX for
card personalisation
Projects With BPC
• Prepaid using Smart-Vista
• Billing using Smart-Vista
Prepaid Project
Virtual Prepaid Wallet Feature
A solution that provides consumer a virtual stored value wallet with manual
and auto top-up function via credit card or direct debit
It integrates with application providers to launch services for paying public
car park charges for Singapore motorists through mobile phone or internet.
SmartVista also perform automatic settlement with the service providers
Billing Project
Flexible Billing Structure
Supports multiple levels of merchant hierarchy
Multiple product support at all levels
Multiple fee support at all levels
Consolidation at any selected level
Flexible and Parameterized Fee Structure (Fee Parameter)
One-time, frequency-based, event-based
Count-based, volume-based, value-based
Supports penalties, rebates, discounts, promotions
Effective-dated
Flexible and Parameterized Billing Options (Billing & Invoice
Parameter)
One-time, frequency-based, event-based
Billing and statementing are independent
Billing Project
Billing Project
Merchant Hierarchy
Billing Project
Fee Setup
Billing Project (Data Model)
Action
BillingScheme
Institution
ActionID
ProcessingRuleID
Name
…
BillingSchemID
MerchantType
…
InstitutionID
InvoiceID
Name
…….
Merchant
MerchantID
ParentID
MerchantType
BillingProductID
AcquirerID
…….
ProcessingRule
ProcessingRuleID
Name
…
TxnParam
TxnParamD
ProcessingRulID
Name
Value
…
R
Fee
FeeAssignment
FeeObjectID
FeeStructureID
BillingSchemeID
InvoiceID
MerchantID/AcquirerID
InstitutionID/
….
BillPlan
BillPlanID
Name
FeeID
…
FeeID
CycleID
TotalID
FeeType
LimitID
Currency
…
ConditionSet
ConditionSetID
FeeID
ObjectID
ObjectType
…
FeeRate
Acquirer
InstitutionID
InvoiceID
Name
…….
FeeRateID
FeeID
FixRate
PercentageRate
MinValue
MaxValue
SumThreshold
CountThreshold
…
InvoiceScheme
InvoiceID
CycleID
LayoutID
InvoiceLevel
…
NETS Product
ProductID
…..
CycleShift
Cycle
Total
CycleShiftID
CycleID
ShiftType
…
CycleID
CycleType
LengthType
CycleLength
…
TotalID
CycleID
TotalType
CountTotal
SumTotal
…
Condition
ConditionID
ConditionSetID
…
Thank You