Lawrence brings more than 20 years of deep and diversified experience to his position as Group CEO of NETS.
He is responsible for the companies in NETS Group, positioning the organisation as the industry operator, builder of payment infrastructure and winning the hearts and minds of consumers and merchants. Under his leadership, Lawrence has successfully increased digital payment adoption through NETS wide merchant network domestically and enabled cross-border payments where connectivity with overseas payments rails have been established.
To differentiate NETS in the rapidly evolving digital payment space, Lawrence is focusing on driving NETS value proposition through innovative solutions, aligning to the organisation’s purpose statement – Connecting Communities, Empowering Lives.
Prior to joining NETS, he served as Vice President – Regional Client Management, Asia Pacific for Visa and was responsible for managing regional acquirers and regional merchants. Lawrence also previously held leadership positions at PayPal and American Express. At PayPal, he was Vice President and General Manager for Japan and Southeast Asia. He also served as a Director on the Board of PayPal Pte Ltd until 2015. At American Express, he was based in Japan for four years, where he led the Merchant business before returning to Singapore and assuming the position of Senior Vice President, Global Payment Options, Asia Pacific.
Lawrence currently serves as Alternate Chairman for the Payment sub-committee at the Singapore FinTech Association and as a Fellow at Singapore University of Social Sciences, where he provides advice and serves as a resource in the university’s FinTech teaching and research activities. Additionally, he serves as a Board member of the Catholic Foundation, a non-profit organisation.
He earned his Bachelor of Science in Economics (Honours) Degree from The London School of Economics and Political Science, UK.
Roundtable 1
Invite-Only
Real-time payments are transforming digital payments for consumers, businesses and governments by delivering new levels of speed, innovation and efficiency. Today more than 60 countries already have instant (or "fast") payment systems (IPS) that allow these transactions to happen in mere seconds. But sending money abroad is often still slow and expensive.
In this roundtable, participants will seek possible solutions to connect these domestic IPSs internationally, with the goal of improving the speed, cost and transparency of cross-border payments.
Hall 3, Singapore EXPO
Open
Small and medium-sized enterprises (SMEs) form the backbone of the nation. Yet, many of these small business owners grapple with the demands of day-to-day business operations.
In this presentation, Lawrence Chan, Group CEO, NETS shares how they empower these merchants, enabling them to forge a path towards growth in line with NETS’ transformational journey.
Through the utilisation of data, NETS will share how they can help merchant partners better understand their customers and run their business more efficiently.
Hall 3, Singapore EXPO
Open
As digital payments become increasingly prevalent, QR payments have emerged as a popular and convenient way to pay for goods and services. However, with the proliferation of QR payment solutions, including offerings from payment service providers as well as national QR payment schemes, there is now a pressing need to consider how greater interoperability among QR payment solutions can be achieved. Private and public stakeholders, including payment service providers, financial regulators and merchants, will need to collaborate closely to achieve the vision of a truly interoperable QR payment solution, that can provide consumers and merchants with an efficient, seamless and inclusive way to make payments domestically and across borders.
Join us at this panel where experts across the public and private sectors will discuss developments in QR payments and share their views on how the quest to drive greater interoperability in the QR payments space will shape the future of payments in Singapore and beyond. The panel discussants will also discuss efforts to enhance the interoperability of the Singapore Quick Response Code Scheme (SGQR), Singapore’s unified payment QR code scheme, including through the SGQR+ proof-of-concept conducted in conjunction with the Singapore FinTech Festival 2023.
Winners of the SGQR+ Lucky Draw will be drawn at the end of the panel discussion. To stand a chance to win a complimentary delegate pass to Singapore FinTech Festival 2024, simply
- take a photo of the SGQR+ wobbler at participating merchants in District 16 and 17 (including in the SFF venue),
- share this photo on LinkedIn with the hashtag #SGQR+; and
- show this LinkedIn post to staff at the NETS booth (Hall 2) from 15 – 17 November 2023.
Click here for more details on the SGQR+ Lucky Draw.
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