It is important to note that eNETS is a system that is implemented by the casino almost transparently. When you deposit at a casino that offers eNETS, there is a fairly good chance that you won’t even realize it. The system merely makes it easier and more secure for you to add funds to your account with a credit/debit card or bank transfer.
In 1985, Singapore embarked on an ambitious plan to push the country towards becoming a cashless society.
The plan meant the introduction of Interbank GIRO. It enabled the public to pay their bills electronically. But At the same time, the NETS debit scheme was implemented. This allowed consumers to make purchases at retail stores with just a card and PIN. It was the start of a more-than-30-year journey including numerous cashless payment innovations.
Since its introduction in 1985, this payment service became one of the largest financial services. They process almost a million transactions every day. eNETS had to come up with multiple innovative payment solutions, making it one of the most flexible deposit options.
With “Make life great” as their philosophy, customers come first. Two decades of experience and commitment resulted in a successful payment solution. Not for nothing, eNETS became the leading domestic card payments company in Singapore.
eNETs doesn’t only provide VISA and MasterCard, but also American Express and JCB Credit Cards. Besides that, an account with either DBS/POSB, OCBC, UOB or Citibank will do as well. It allows you to use their internet banking system while eNETS serves as an intermediary between your bank account and the NetEnt Casino.
What is eNETS?
eNETS is a payment system based in Singapore and makes it possible for online casinos to accept credit cards and bank transfers.
Online casinos that are partnered with eNETS are able to offer a more secure method of accepting the most popular deposit methods.
How does eNETS work?
eNETS Direct Debit enables NetEnt Casinos to accept online payments from players using internet banking. The service requires you to authenticate yourself using your Internet Banking PIN, UserID and token, reducing the risk of fraud.
It’s one of the best payment options around. The main disadvantage is the fact that this payment option is so sparsely available.
The main reason you should use eNETS is because you have a bank account with one of the Singapore banks. Just as iDEAL is available for the Dutch, and UseMyBank for Canadians. Another good reason is because of the flexibility of this payment solution, accepting direct debit.
Available for deposits only
Type: direct debit
Advantages: very flexible, fast and safe
Alternatives: Instant Wire Transfer, PayPal