Decode your statement

What is NETS QR on my bank statement?

A NETS QR line is a payment you made by scanning a shop's NETS QR code with your banking or payment app, paid straight from your bank account.

The shop's name usually follows, as in POS NETS QR PAYMENT TO: KOPI STALL, so the line is the shop you paid, not a fee.

Reading the line

  • NETS QR: you scanned the shop's QR code to pay.
  • The name after it: the shop, sometimes shortened or in capitals.
  • The amount: what you paid. Some codes ask you to type the amount, others fill it in.

These are everyday spending, like a card payment at the same shop.

How Tallied does it

  • PayNow and NETS QR payments to shops count as spending, and money you move between your own accounts or to your PayLah! wallet isn't counted twice.
  • Tallied reads your statements on your iPhone, so a line like POS NETS QR PAYMENT TO: KOPI STALL becomes Kopi Stall under Cafés & coffee (an invented example).
  • Your statements never leave your iPhone; only a shop's name is looked up. No bank login, no account.

Tallied is on the Singapore App Store for iPhone and iPad. 7 days free, then S$6.99 a month or S$59.99 a year.

Questions

Does a budgeting app count NETS QR payments as spending?

Tallied does: PayNow and NETS QR payments to shops count as spending, and money you move between your own accounts isn't counted twice.

Related

Updated 2026-10-10. Questions about Tallied? Email support-tallied@zephystudio.com.