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NETS

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What is Whalestack?

Whalestack offers a sophisticated cryptocurrency payment platform crafted specifically for businesses, featuring digital currency checkout systems that convert Bitcoin to your bank account almost instantly. This innovative solution facilitates the acceptance of cryptocurrencies and provides instant fiat conversion to alleviate the risks associated with currency fluctuations, completely eradicate chargebacks, and minimize credit risks. It includes a comprehensive array of tools such as in-depth financial reporting, invoicing, taxation assistance, and analytics, all designed for seamless integration through a REST API or an easy-to-use checkout button. Targeting online retailers and e-commerce platforms, Whalestack allows for the processing of payments in multiple digital currencies while ensuring compliance with regulatory standards, thereby satisfying the needs of accountants and governing bodies. Furthermore, it empowers online businesses to set prices and finalize transactions in their preferred local currency (such as EUR or USD), irrespective of the digital currency (like Bitcoin, Lightning, USDC, EURC, or Stellar) selected by the customer for payment. This flexibility not only enhances user experience but also streamlines financial operations for businesses engaging in the digital economy.

What is NETS?

NETS for Business offers a wide range of payment and merchant services tailored to help Singaporean businesses efficiently handle transactions both in physical stores and online. Their solutions for brick-and-mortar locations include a variety of wired and wireless POS terminals that accept NETS debit/ATM cards, QR code payments, contactless cards, and international wallets and cards. Merchants benefit from next-day transaction settlements, along with convenient access to transaction reporting and settlement through an online Merchant Portal. For online retailers, NETS provides the eNETS Gateway for processing direct debit and all major credit cards, as well as services like NETS Click, NETS QR Online, and SoftPOS. Furthermore, NETS offers a suite of self-service and motoring solutions, including integrated POS systems, vending machine payment capabilities, and self-service payment options for the food and beverage industry, along with car park payment systems, SGQR label support, and digital receipt management. The NETSBiz mobile app allows merchants to receive payment alerts and manage their terminals efficiently, while also providing merchant guides and developer APIs to facilitate enhanced service integration and functionality. By adopting this comprehensive strategy, NETS ensures that businesses are well-prepared to adapt to the diverse and evolving needs of their customers in today’s fast-paced payment environment, ultimately driving growth and customer satisfaction.