SINGAPORE - Good news for HSBC debit cardholders starting Tuesday (June 23), when they will be able to enjoy the convenience of making Nets payments.

HSBC is the third foreign bank - after Standard Chartered Bank and Maybank - to offer this payment method, according to a statement released on Monday.

Nets, Singapore's most widely used payment network, has over 10 million cardholders and 87,000 acceptance points across the island.

Eighty per cent of retailers in shopping centres and 60 per cent of neighbourhood retailers accept payments via Nets.