Network for Electronic Transfers (NETS) has launched a smart stored-value card for use on Singapore’s public transport systems. In addition to use across the Mass Rapid Transit (MRT) lines and the bus network, the NETS Prepaid card can also be used at around 120,000 acceptance points.

The prepaid card can be topped up though the company’s mobile application using NETS bank cards among other payment methods. Other features of the card include the ability to set daily spending limits of up to SGD1000 as well as a locking/unlocking mechanism to minimise possible fraud or abuse of the NETS Prepaid Card.