A recent report by a fintech publication has revealed that over 1 million motorists in Singapore are eligible to receive free NETS Motoring Cards. This initiative aims to promote cashless payments at petrol stations and car parks, making transactions more convenient and efficient for drivers.
The NETS Motoring Card is a prepaid card that can be used at over 300 petrol stations and 1,000 car parks across the island. It allows motorists to pay for their fuel and parking fees without the need for cash or credit cards, reducing the risk of theft and fraud.
To be eligible for a free NETS Motoring Card, motorists must have a valid Singapore driving license and own a vehicle registered in the country. They can apply for the card online or at selected petrol stations and car parks, where they will need to provide their personal details and vehicle information.
Once approved, motorists will receive their free NETS Motoring Card within 7-10 working days. The card comes pre-loaded with a $30 credit, which can be used immediately at participating merchants. Additional top-ups can be made online or at any NETS top-up location.
The introduction of the free NETS Motoring Card is part of Singapore’s efforts to promote cashless payments and reduce the reliance on physical currency. With more and more transactions being conducted electronically, the government hopes to create a more efficient and secure payment ecosystem for motorists and businesses alike.
Overall, the free NETS Motoring Card initiative is a positive step towards a cashless society in Singapore. By providing motorists with a convenient and secure payment option, it not only benefits individual drivers but also contributes to the overall digital transformation of the country’s economy.