THE STRATEGY ROOM
Nets goes digital to stay relevant
While the payments company remains a household name in the offline space, group CEO Lawrence Chan sees that dominance becoming less relevant amid an online boom.
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IN THE fiercely competitive and disruptive payments ecosystem, the reality of the game always changes for industry players.
So what is the current, sobering reality for Nets?
For one, it's recognising that while its foothold in the offline space is unrivalled, there is a pressing need to beef up its digital presence as the lines between online and offline continue to blur.
