HSBC unveils NETS functionality for debit cards

To increase retail banking market share.

HSBC Singapore will launch NETS-enabled functionality for its customer debit cash cards starting today.

The bank said that the launch is part of its drive to increase retail banking market share in the city-state.

“HSBC’s strategy for retail banking in Singapore is to increase market share amongst affluent and aspirant Singaporeans and those with international needs,” said Matthew Colebrook, Head of Retail Banking and Wealth Management, HSBC Singapore.

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